Sensient Technologies (SXT) 10-K 22 Feb 21 2020 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2020	Feb. 12, 2021	Jun. 30, 2020
Cover [Abstract]
Entity Registrant Name	SENSIENT TECHNOLOGIES CORP
Entity Central Index Key	0000310142
Current Fiscal Year End Date	--12-31
Document Type	10-K
Amendment Flag	false
Document Annual Report	true
Document Period End Date	Dec. 31, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	FY
Document Transition Report	false
Entity File Number	001-07626
Entity Incorporation, State or Country Code	WI
Entity Tax Identification Number	39-0561070
Entity Address, Address Line One	777 EAST WISCONSIN AVENUE
Entity Address, City or Town	MILWAUKEE
Entity Address, State or Province	WI
Entity Address, Postal Zip Code	53202-5304
City Area Code	414
Local Phone Number	271-6755
Title of 12(b) Security	Common Stock, $0.10 par value
Trading Symbol	SXT
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Public Float			$ 2,179,326,679
Entity Common Stock, Shares Outstanding		42,418,425

CONSOLIDATED STATEMENTS OF EARN

CONSOLIDATED STATEMENTS OF EARNINGS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
CONSOLIDATED STATEMENTS OF EARNINGS [Abstract]
Revenue	$ 1,332,001	$ 1,322,934	$ 1,386,815
Cost of products sold	908,254	908,061	920,686
Selling and administrative expenses	271,091	293,763	262,751
Operating income	152,656	121,110	203,378
Interest expense	14,811	20,107	21,853
Earnings before income taxes	137,845	101,003	181,525
Income taxes	28,373	18,956	24,165
Net earnings	$ 109,472	$ 82,047	$ 157,360
Earnings per common share:
Basic (in dollars per share)	$ 2.59	$ 1.94	$ 3.71
Diluted (in dollars per share)	$ 2.59	$ 1.94	$ 3.70
Weighted average number of common shares outstanding:
Basic (in shares)	42,301	42,263	42,404
Diluted (in shares)	42,346	42,294	42,499

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME [Abstract]
Net earnings	$ 109,472	$ 82,047	$ 157,360
Cash flow hedges adjustment, net of tax of $524, $193 and $32, respectively	948	(346)	816
Pension adjustment, net of tax of $475, $409 and $347, respectively	(1,293)	(1,221)	1,027
Foreign currency translation on net investment hedges	(24,044)	3,091	13,661
Tax effect of current year activity on net investment hedges	5,973	(768)	(3,393)
Foreign currency translation on long-term intercompany loans	(7,731)	(752)	3,276
Tax effect of current year activity on intercompany long-term loans	3,757	(768)	(2,498)
Reclassification of cumulative translation to net earnings	(8,625)	0	0
Other foreign currency translation	34,932	3,311	(27,721)
Total comprehensive income	$ 113,389	$ 84,594	$ 142,528

CONSOLIDATED STATEMENTS OF CO_2

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME [Abstract]
Cash flow hedges adjustment, tax expense (benefit)	$ 524	$ (193)	$ 32
Pension adjustment, tax (expense)	$ 475	$ 409	$ (347)

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Current Assets:
Cash and cash equivalents	$ 24,770	$ 21,153
Trade accounts receivable	234,132	213,201
Inventories	381,346	422,517
Prepaid expenses and other current assets	48,578	40,049
Assets held for sale	52,760	91,293
Total current assets	741,586	788,213
Other assets	89,883	80,939
Deferred tax assets	29,678	14,976
Intangible assets, net	10,930	11,802
Goodwill	423,290	407,042
Property, Plant, and Equipment:
Land	31,422	31,431
Buildings	316,533	298,733
Machinery and equipment	703,485	652,063
Construction in progress	21,759	24,613
Property, plant, and equipment, gross	1,073,199	1,006,840
Less accumulated depreciation	(627,706)	(569,661)
Property, plant, and equipment, net	445,493	437,179
Total assets	1,740,860	1,740,151
Current Liabilities:
Trade accounts payable	107,324	94,653
Accrued salaries, wages, and withholdings from employees	34,462	18,655
Other accrued expenses	42,985	41,429
Income taxes	4,598	6,841
Short-term borrowings	9,247	20,612
Liabilities held for sale	17,339	19,185
Total current liabilities	215,955	201,375
Deferred tax liabilities	13,411	15,053
Other liabilities	30,213	17,813
Accrued employee and retiree benefits	28,941	25,822
Long-term debt	518,004	598,499
Shareholders' Equity:
Common stock, par value $0.10 a share, authorized 100,000,000 shares; issued 53,954,874 shares	5,396	5,396
Additional paid-in capital	102,909	98,425
Earnings reinvested in the business	1,578,662	1,536,100
Treasury stock, 11,647,627 and 11,682,636 shares, respectively, at cost	(593,540)	(595,324)
Accumulated other comprehensive loss	(159,091)	(163,008)
Total shareholders' equity	934,336	881,589
Total liabilities and shareholders' equity	$ 1,740,860	$ 1,740,151

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2020	Dec. 31, 2019
Shareholders' Equity:
Common stock, par value (in dollars per share)	$ 0.10	$ 0.10
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Common stock, shares issued (in shares)	53,954,874	53,954,874
Treasury stock, shares (in shares)	11,647,627	11,682,636

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Cash Flows from Operating Activities
Net earnings	$ 109,472	$ 82,047	$ 157,360
Adjustments to arrive at net cash provided by operating activities:
Depreciation and amortization	49,641	55,015	53,244
Share-based compensation expense (income)	5,608	(739)	503
Net (gain) loss on assets	(252)	(1,122)	63
Loss on divestitures and other charges	6,904	44,375	0
Deferred income taxes	(8,705)	(19,340)	9,844
Changes in operating assets and liabilities:
Trade accounts receivable	(11,357)	10,930	(96,638)
Inventories	46,828	25,238	(34,114)
Prepaid expenses and other assets	(12,868)	3,257	(12,544)
Trade accounts payable and other accrued expenses	15,524	(18,251)	7,457
Accrued salaries, wages, and withholdings from employees	15,140	(3,039)	599
Income taxes	22	(1,836)	(7,335)
Other liabilities	2,823	647	5,081
Net cash provided by operating activities	218,780	177,182	83,520
Cash Flows from Investing Activities:
Acquisition of property, plant, and equipment	(52,162)	(39,100)	(50,740)
Cash receipts on sold receivables	0	0	91,142
Proceeds from sale of assets	1,075	2,242	2,615
Proceeds from divestiture of businesses	12,595	0	0
Acquisition of new business	0	0	(31,100)
Other investing activities	5,071	(553)	2,916
Net cash (used in) provided by investing activities	(33,421)	(37,411)	14,833
Cash Flows from Financing Activities
Proceeds from additional borrowings	36,667	47,083	322,529
Debt payments	(154,348)	(134,449)	(284,332)
Purchase of treasury stock	0	0	(76,734)
Dividends paid	(66,057)	(62,190)	(57,410)
Other financing activities	(415)	(1,027)	(2,777)
Net cash used in financing activities	(184,153)	(150,583)	(98,724)
Effect of exchange rate changes on cash and cash equivalents	2,411	64	2,928
Net increase (decrease) in cash and cash equivalents	3,617	(10,748)	2,557
Cash and cash equivalents at beginning of year	21,153	31,901	29,344
Cash and cash equivalents at end of year	24,770	21,153	31,901
Cash paid during the year for:
Interest	14,751	20,130	21,567
Income taxes	44,755	40,139	24,089
Capitalized interest	$ 514	$ 540	$ 604

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-In Capital [Member]	Earnings Reinvested in the Business [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive (Loss) Income [Member]	Total
Beginning balance at Dec. 31, 2017	$ 5,396	$ 107,176	$ 1,414,485	$ (525,422)	$ (149,334)
Beginning balance (in shares) at Dec. 31, 2017				10,759,291
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings			157,360			$ 157,360
Other comprehensive income (loss)					(14,832)
Cash dividends paid			(57,410)
Share-based compensation		503
Stock options exercised		(80)		$ 200
Stock options exercised (in shares)				(4,000)
Non-vested stock issued upon vesting		(5,454)		$ 5,454
Non-vested stock issued upon vesting (in shares)				(111,185)
Benefit plans		350		$ 769
Benefit plans (in shares)				(15,126)
Purchase of treasury stock				$ (76,734)
Purchase of treasury stock (in shares)				1,060,000
Other		(832)	1,808	$ (2,067)	(1,389)
Other (in shares)				42,243
Ending balance at Dec. 31, 2018	5,396	101,663	1,516,243	$ (597,800)	(165,555)
Ending balance (in shares) at Dec. 31, 2018				11,731,223
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings			82,047			82,047
Other comprehensive income (loss)					2,547
Cash dividends paid			(62,190)
Share-based compensation		(739)
Non-vested stock issued upon vesting		(2,343)		$ 2,343
Non-vested stock issued upon vesting (in shares)				(45,981)
Benefit plans		72		$ 948
Benefit plans (in shares)				(18,597)
Other		(228)		$ (815)
Other (in shares)				15,991
Ending balance at Dec. 31, 2019	5,396	98,425	1,536,100	$ (595,324)	(163,008)	$ 881,589
Ending balance (in shares) at Dec. 31, 2019				11,682,636		11,682,636
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings			109,472			$ 109,472
Other comprehensive income (loss)					3,917
Cash dividends paid			(66,057)
Share-based compensation		5,608
Non-vested stock issued upon vesting		(1,352)		$ 1,352
Non-vested stock issued upon vesting (in shares)				(26,515)
Benefit plans		241		$ 833
Benefit plans (in shares)				(16,344)
Other		(13)	(853)	$ (401)
Other (in shares)				7,850
Ending balance at Dec. 31, 2020	$ 5,396	$ 102,909	$ 1,578,662	$ (593,540)	$ (159,091)	$ 934,336
Ending balance (in shares) at Dec. 31, 2020				11,647,627		11,647,627

CONSOLIDATED STATEMENTS OF SH_2

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY [Abstract]
Cash dividends per share (in dollars per share)	$ 1.56	$ 1.47	$ 1.35

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2020
Summary of Significant Accounting Policies [Abstract]
Summary of Significant Accounting Policies	1. Summary of Significant Accounting Policies Nature of Operations Sensient Technologies Corporation, together with its subsidiaries (the Company or Sensient), is a leading global manufacturer and marketer of colors, flavors, and fragrances. The Company uses advanced technologies at facilities around the world to develop specialty food and beverage systems; cosmetic, fragrances, pharmaceutical, and nutraceutical systems; specialty colors; and other specialty and fine chemicals. The Company’s reportable segments are the Flavors & Extracts Group (formerly known as the Flavors & Fragrances segment; see Note 12, Segment and Geographic Information ) and the Color Group, which are managed on a product basis, and the Asia Pacific Group, which is managed on a geographic basis. The Company’s corporate expenses, restructuring including operational improvement plans, divestiture, share-based compensation, COVID-19 employee payment, and other costs are included in the “Corporate & Other” category. In the second quarter of 2020, the Company divested its inks product line, and in the third quarter of 2020, the Company divested its yogurt fruit preparations product line. Principles of Consolidation and Basis of Presentation The consolidated financial statements include the accounts of the Company and have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP). All significant intercompany accounts and transactions have been eliminated in consolidation. Use of Estimates The preparation of the consolidated financial statements requires the use of management’s estimates and assumptions that affect reported amounts of assets, liabilities, revenue, and expenses during the reporting period and the disclosure of contingent assets and liabilities at the date of the financial statements. Actual results could differ from those estimates. Revenue Recognition The Company recognizes revenue at the transfer of control of its products to the Company’s customers in an amount reflecting the consideration to which the Company expects to be entitled. In order to achieve this core principle, the Company applies the following five-step approach: • Identification of the contract, or contracts, with a customer • Identification of the performance obligations in the contract • Determination of the transaction price • Allocation of the transaction price to the performance obligations in the contract • Recognition of revenue when, or as, the Company satisfies the performance obligations The Company considers customer purchase orders, which in some cases are governed by master sales agreements, to be the contracts with the customer. For each contract, the Company considers the identified performance obligation to be the promise to transfer products. In determining the transaction price, the Company evaluates whether the price is subject to refund or adjustment and then determines the net consideration to which the Company expects to be entitled. In addition, the Company assesses the customer’s ability to pay as part of its evaluation of the contract. As the Company’s standard payment terms are less than one year, the Company elected the practical expedient under Accounting Standards Codification (ASC) 606-10-32-18, and determined that its contracts do not have a significant financing component. The Company allocates the transaction price to each distinct product based on the relative standalone selling price. Revenue is recognized when control of the product is transferred to the customer, the customer is obligated to pay the Company, and the Company has no remaining obligations, which is typically at shipment. In certain locations, primarily outside the United States, product shipping terms may vary. Thus, in such locations, the point at which control of the product transfers to the customer and revenue recognition occurs will vary accordingly. Customer returns of non-conforming products are estimated at the time revenue is recognized. In certain customer relationships, volume rebates exist, which are recognized according to the terms and conditions of the contractual relationship. Customer returns, rebates, and discounts are not material to the Company’s consolidated financial statements. The Company has elected to recognize the revenue and cost for freight and shipping when control over the products has transferred to the customer. The Company has elected to immediately expense contract costs related to obtaining a contract as the amortization period of the asset the Company otherwise would have recognized would have been less than a year. In addition to evaluating the Company’s performance based on the segments above, revenue is also disaggregated and analyzed by product line and geographic market (See Note 12, Segment and Geographic Information, . Cost of Products Sold Cost of products sold includes materials, labor, and overhead expenses incurred in the manufacture of our products. Cost of products sold also includes charges for obsolete and slow-moving inventories, as well as costs for quality control, purchasing and receiving costs, inspection costs, warehousing costs, internal transfer costs, other costs of our internal distribution network, and costs incurred for shipping and handling. The Company records fees billed to customers for shipping and handling as revenue. Selling and Administrative Expenses Selling and administrative expenses primarily include the salaries and related costs for executive, finance, accounting, human resources, information technology, research and development, and legal personnel as well as salaries and related costs of salespersons and commissions paid to external sales agents. Cash Equivalents The Company considers all highly liquid investments with original maturities of three months or less at the date of acquisition as cash equivalents. Accounts Receivable Receivables are recorded at their face amount, less an allowance for losses on doubtful accounts. The allowance for doubtful accounts is based on customer-specific analysis and general matters such as current assessments of past due balances and economic conditions. Specific accounts are written off against the allowance for doubtful accounts when it is deemed that the receivable is no longer collectible. Inventories Inventories are stated at the lower of cost or net realizable value. Net realizable value is determined on the basis of estimated realizable values. Cost is determined using the first-in, first-out (FIFO) method with the exception of certain locations of the Flavors & Extracts Group where cost is determined using a weighted average method. Inventories include finished and in-process products totaling $268.1 million and $313.1 million at December 31, 2020 and 2019, respectively, and raw materials and supplies of $113.2 million and $109.4 million at December 31, 2020 and 2019, respectively. The Company recorded a non-cash charge of $ million and $ million, in Cost of products sold related to the divested product lines in 2020 and 2019, respectively. The non-cash charge reduced the carrying value of certain inventories, as they were determined to be excess. See Note 14, Divestitures , for additional information. Property, Plant, and Equipment Property, plant, and equipment are recorded at cost reduced by accumulated depreciation. Depreciation is provided over the estimated useful life of the related asset using the straight-line method for financial reporting. The estimated useful lives for buildings and leasehold improvements range from 5 to 40 years. Machinery and equipment have estimated useful lives ranging from 3 to 20 years. Interest costs on significant projects constructed or developed for the Company’s own use are capitalized as part of the asset. Goodwill and Other Intangible Assets The carrying value of goodwill is evaluated for impairment on an annual basis or more frequently when an indicator of impairment occurs. The impairment assessment includes comparing the carrying amount of net assets, including goodwill, of each reporting unit to its respective fair value as of the date of the assessment. Fair value was estimated based upon an evaluation of the reporting unit’s estimated future discounted cash flows as well as the public trading and private transaction valuation multiples for comparable companies. The Company performed such a quantitative analysis in 2019, which indicated a substantial premium compared to the carrying value of net assets, including goodwill, at the reporting unit level. The Company met the assets held for sale criteria in the fourth quarter of 2019 for its inks and fragrances product lines (excluding the essential oils product line), resulting in $ million of goodwill being allocated to those disposal groups in 2019. In 2020, the fair value of the disposal groups decreased, which resulted in the previously allocated goodwill of $ million to be reallocated to its respective financial reporting units. See Note 4, Goodwill and Intangible Assets Divestitures , for additional information. The cost of intangible assets with determinable useful lives is amortized on a straight-line basis to reflect the pattern of economic benefits consumed, ranging from 5 to 20 years. These assets include technological know-how, customer relationships, patents, trademarks, and non-compete agreements, among others. Impairment of Long-lived Assets The Company reviews long-lived assets for impairment whenever events or changes in business circumstances indicate that the carrying amount of the assets may not be fully recoverable. The Company performs undiscounted cash flow analyses to determine if potential impairment exists. If impairment is determined to exist, any related impairment loss is calculated based on the difference between fair value and carrying value. Impairment losses were recorded as a result of the Company’s divestiture of its inks product line and its anticipated divestiture of its fragrances product line (excluding its essential oils product line). See Note 14 , Divestitures , for additional information. Derivative Financial Instruments The Company selectively uses derivative financial instruments to reduce market risk associated with changes in foreign currency and interest rate exposures which exist as part of ongoing business operations. All derivative transactions are authorized and executed pursuant to the Company’s risk management policies and procedures, which strictly prohibit the use of financial instruments for speculative trading purposes. The primary objectives of the foreign exchange risk management activities are to understand and mitigate the impact of potential foreign exchange fluctuations on the Company’s financial results and its economic well-being. Changes in the fair value of derivatives that are designated as fair value hedges, along with the gain or loss on the hedged item, are recorded in current period earnings. These risk management transactions may involve the use of foreign currency derivatives to protect against exposure resulting from recorded accounts receivable and payable. The Company may utilize forward exchange contracts, generally with maturities of less than 18 months, which qualify as cash flow hedges. Generally, these foreign exchange contracts are intended to offset the effect of exchange rate fluctuations on non-functional currency denominated sales and purchases. For derivative instruments that are designated as cash flow hedges, gains and losses are deferred in accumulated other comprehensive income (OCI) until the underlying transaction is recognized in earnings. For hedges designated as cash flow hedges, the Company elects critical terms that match at the onset of the hedge transaction. Hedge accounting is permitted only if the hedge meets the critical terms match requirements. The Company reviews the critical terms at each effectiveness testing date to ensure the respective terms match; therefore, achieving a highly effective hedge. Interest Rate Hedging The Company is exposed to interest rate risk through its corporate borrowing activities. The objective of the Company’s interest rate risk management activities is to manage the levels of the Company’s fixed and floating interest rate exposure to be consistent with the Company’s preferred mix. The interest rate risk management program may include entering into interest rate swaps, which qualify as fair value hedges, when there is a desire to modify the Company’s exposure to interest rates. Gains or losses on fair value hedges are recognized in earnings, net of gains and losses on the fair value of the hedged instruments. Net Investments Hedging The Company is exposed to risk related to its net investments in foreign subsidiaries. As part of its risk management activities, the Company may enter into foreign-denominated debt to be used as a non-derivative instrument to hedge the Company’s net investment in foreign subsidiaries. The change in the fair value of debt designated as a net investment hedge is recorded in foreign currency translation in OCI. Commodity Purchases The Company purchases certain commodities in the normal course of business that result in physical delivery of the goods and, hence, are excluded from ASC 815, Derivatives and Hedging Translation of Foreign Currencies For all significant foreign operations, the functional currency is the local currency. Assets and liabilities of foreign operations are translated into U.S. dollars at current exchange rates. Revenue and expense accounts are translated into U.S. dollars at average exchange rates prevailing during the year. Adjustments resulting from the translation of foreign accounts into U.S. dollars are recorded in foreign currency translation in OCI. Transaction gains and losses that occur as a result of transactions denominated in non-functional currencies are included in earnings and were not significant during the years ended December 31, 2020, 2019, and 2018. Share-Based Compensation Share-based compensation expense is recognized over the vesting period of each award based on the fair value of the instrument at the time of grant as summarized in Note 8, Share-Based Compensation. Income Taxes The Company recognizes a current tax liability or asset for the estimated taxes payable or refundable on tax returns for the current year and a deferred tax liability or asset for the estimated future tax effects attributable to temporary differences and carryforwards. The measurement of current and deferred tax liabilities and assets is based on provisions of enacted tax law. Deferred tax assets are reduced, if necessary, by the amount of any tax benefits for which the utilization of the asset is not considered likely. Earnings Per Share The difference between basic and diluted earnings per share (EPS) is the dilutive effect of stock options and non-vested stock. Diluted EPS assumes that non-vested stock has vested and all dilutive stock options, for which the average market price exceeds the exercise price (in-the-money), are exercised. Stock options for which the exercise price exceeds the average market price (out-of-the-money) have an anti-dilutive effect on EPS, and accordingly, are excluded from the calculation. The following table sets forth the computation of basic and diluted EPS for the years ended December 31: Years Ended December 31, (In thousands except per share amounts) 2020 2019 2018 Numerator: Net earnings $ 109,472 $ 82,047 $ 157,360 Denominator: Denominator for basic EPS - weighted average common shares 42,301 42,263 42,404 Effect of dilutive securities 45 31 95 Denominator for diluted EPS - diluted weighted average shares outstanding 42,346 42,294 42,499 Earnings per Common Share Basic $ 2.59 $ 1.94 $ 3.71 Diluted $ 2.59 $ 1.94 $ 3.70 The Company has a share-based compensation plan under which employees may be granted share-based awards in which non-forfeitable dividends are paid on non-vested shares for certain awards. As such, these shares are considered participating securities under the two-class method of calculating EPS as described in ASC 260, Earnings per Share. In 2020, 2019, and 2018, there were no anti-dilutive stock options. All EPS amounts are presented on a diluted basis unless otherwise noted. Accumulated Other Comprehensive Income (Loss) Accumulated OCI is composed primarily of foreign currency translation, pension liability, and unrealized gains or losses on cash flow hedges. See Note 10, Accumulated Other Comprehensive Income, Research and Development Research and development costs are recorded in S elling and Administrative Expenses in the year they are incurred. Research and development costs were $ million, $ million, and $ million, during the years ended December 31, 2020, 2019, and 2018, respectively. Advertising Advertising costs are recorded in Selling and Administrative Expenses as they are incurred. Advertising costs were $ million, $ million, and $ million, during the years ended December 31, 2020, 2019, and 2018, respectively. Environmental Liabilities The Company records liabilities related to environmental remediation obligations when estimated future expenditures are probable and reasonably estimable. Such accruals are adjusted as further information becomes available or as circumstances change. Estimated future expenditures are discounted to their present value when the timing and amount of future cash flows are fixed and readily determinable. Recoveries of remediation costs from other parties, if any, are recognized as assets when their receipt is realizable. Subsequent Events The Company performed an evaluation of subsequent events through the date these financial statements were issued. See Note 17, Subsequent Event Recently Adopted Accounting Pronouncements In June 2016, the Financial Accounting Standards Board (FASB) issued ASU No. 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments Trade Accounts Receivable Earnings Reinvested in the Business In January 2017, the FASB issued ASU No. 2017-04 , Intangibles-Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment In August 2018, the FASB issued ASU No. 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework—Changes to the Disclosure Requirements for Fair Value Measurement In August 2018, the FASB issued ASU No. 2018-14, Disclosure Framework – Changes to the Disclosure Requirements for Defined Benefit Plans Subtopic 715-20 , which amends ASC 715-20, Compensation – Retirement Benefits – Defined Benefit Plans – General . This standard modifies the disclosure requirements for employers that sponsor defined benefit pension or other postretirement plans by removing and adding certain disclosures for these plans. Recently Issued Accounting Pronouncements In March 2020, the FASB issued ASU No. 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting Other recently issued accounting pronouncements are not expected to have a material impact on the Company's consolidated financial statements.

Acquisitions

Acquisitions	12 Months Ended
	Dec. 31, 2020
Acquisitions [Abstract]
Acquisitions	2. Acquisitions On March 9, 2018, the Company completed the acquisition of certain net assets and the natural color business of GlobeNatural , a company based in Lima, Peru. The Company paid $ million of cash for this acquisition. The assets acquired and liabilities assumed were recorded at their estimated fair values as of the acquisition date. The Company acquired net assets of $ million and identified intangible assets, principally customer relationships of $ million, and allocated the remaining $ million to goodwill. These operations are included in the Color segment. On July 10, 2018, the Company completed the acquisition of Mazza Innovation Limited ( now known as Sensient Natural Extraction Inc .), a botanical extraction business with patented solvent-free extraction processes, located in Vancouver, Canada. These operations are included in the Color segment.

Trade Accounts Receivable

Trade Accounts Receivable	12 Months Ended
	Dec. 31, 2020
Trade Accounts Receivable [Abstract]
Trade Accounts Receivable	3. Trade Accounts Receivable Trade accounts receivables are recorded at their face amount, less an allowance for expected losses on doubtful accounts. The allowance for doubtful accounts is calculated based on customer-specific analysis and an aging methodology using historical loss information. The Company believes historical loss information is a reasonable basis for expected credit losses as the Company’s historical credit loss experience correlates with its customer delinquency status. This information is also adjusted for any known current economic conditions, including the current and expected impact of COVID-19. Currently, the COVID-19 pandemic has not had and is not anticipated to have a material impact on trade accounts receivable. Forecasted economic conditions have not had a significant impact on the current credit loss estimate due to the short-term nature of the Company’s customer receivables, however, the Company will continue to monitor and evaluate the rapidly changing economic conditions. Additionally, as the Company only has one portfolio segment, there are not different risks between portfolios. Specific accounts are written off against the allowance for doubtful accounts when the receivable is deemed no longer collectible. The following table summarizes the changes in the allowance for doubtful accounts during the year ended December 31, 2020: (In thousands) Allowance for Doubtful Accounts Balance at December 31, 2019 $ 6,913 Adoption of ASU 2016-13 853 Provision for expected credit losses 565 Accounts written off (1,590 ) Divestitures (2,174 ) Translation and other activity (676 ) Balance at December 31, 2020 $ 3,891 See Note 14, Divestitures

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
	Dec. 31, 2020
Goodwill and Intangible Assets [Abstract]
Goodwill and Intangible Assets	4. Goodwill and Intangible Assets At December 31, 2020 and 2019, goodwill is the only intangible asset that is not subject to amortization. The following table summarizes intangible assets with determinable useful lives by major category as of December 31, 2020 and 2019: 2020 2019 (In thousands except weighted average amortization years) Weighted Average Amortization Years Cost Accumulated Amortization Cost Accumulated Amortization Technological know-how 17.8 $ 7,570 $ (1,787 ) $ 7,570 $ (1,391 ) Customer relationships 13.4 3,401 (1,898 ) 3,474 (1,653 ) Patents, trademarks, non-compete agreements, and other 15.2 10,925 (7,281 ) 10,496 (6,694 ) Total finite-lived intangibles 15.8 $ 21,896 $ (10,966 ) $ 21,540 $ (9,738 ) In 2020, $ million of intangible assets ($ million of cost and $ million of accumulated amortization) was recorded in Assets held for sale on the Consolidated Balance Sheet related to the fragrances product line (excluding its essential oils product line). See Note 14, Divestitures , for additional information. In 2019, $ million of intangible assets ($ million of cost and $ million of accumulated amortization) was recorded in Assets held for sale on the Consolidated Balance Sheet related to the fragrances product line (excluding its essential oils product line) and the inks product line. See Note 14, Divestitures , for additional information. Amortization of intangible assets was $1.5 million in 2020, $2.9 million in 2019, and $2.3 million in 2018. Estimated amortization expense, for the five years subsequent to December 31, 2020, is $1.5 million in 2021 and 2022 ; $ million in 2023; and $ million in 2024 and 2025. The changes in goodwill for the years ended December 31, 2020 and 2019, by reportable business segment, were as follows: (In thousands) Flavors & Extracts Color Asia Pacific Consolidated Balance as of December 31, 2018 $ 112,086 $ 298,908 $ 5,181 $ 416,175 Currency translation impact (184 ) (641 ) 77 (748 ) Goodwill related to divestitures (1) (3,754 ) (4,631 ) - (8,385 ) Balance as of December 31, 2019 $ 108,148 $ 293,636 $ 5,258 $ 407,042 Currency translation impact 3,565 10,086 399 14,050 Goodwill related to divestitures (2) 657 1,541 - 2,198 Balance as of December 31, 2020 $ 112,370 $ 305,263 $ 5,657 $ 423,290 (1) In the fourth quarter of 2019, the Company met all of the assets held for sale criteria related to the divestitures of its inks product line and fragrances product line (excluding its essential oils product line). Goodwill of $ million was allocated to those disposal groups and was determined to be fully impaired based on the estimated fair value of each of the disposal groups. See Note 14, Divestitures , for additional information. (2) In 2020, the fair value of the disposal groups decreased, which resulted in the previously allocated goodwill of $ million to be reallocated to its respective financial reporting units. See Note 14, Divestitures , for additional information.

Leases

Leases	12 Months Ended
	Dec. 31, 2020
Leases [Abstract]
Leases	5. Leases The Company leases certain office space, warehouses, land, and equipment under operating lease arrangements. Some of the Company’s leases include options to extend the leases for up to an additional five years. Some of the Company’s lease agreements also include rental payments that are adjusted periodically for inflation (i.e., CPI index). The Company recorded operating lease expense, which includes short-term lease expense and variable lease costs, of during the years ended December 2020 and Rent expense totaled during the year ended December . For the years ended December 2020 and the Company paid and $ million, respectively, in cash for operating leases, not including short-term lease expense or variable lease costs. The Company entered into operating leases that resulted in and $ million of right-of-use assets in exchange for operating lease obligations for the years ended December The Company included $23.3 million and $16.8 million of right-of-use assets in Other assets Other accrued expenses Other liabilities Assets held for sale Liabilities held for sale The Company’s weighted average remaining operating lease term was years as of December The Company’s weighted average discount rate for operating leases was as of December As of December maturities of operating lease liabilities for future annual periods are as follows: (In s) Year ending December 2021 $ 6,861 2022 4,762 2023 3,436 2024 2,500 2025 1,945 Thereafter 7,850 Total lease payments 27,354 Less imputed interest (3,806 ) Present value of lease liabilities $ 23,548

Debt

Debt	12 Months Ended
	Dec. 31, 2020
Debt [Abstract]
Debt	6. Debt Long-term Debt Long-term debt consisted of the following unsecured obligations at December 31: (In thousands) 2020 2019 3.66% senior notes due November 2023 $ 75,000 $ 75,000 3.65% senior notes due May 2024 27,000 27,000 4.19% senior notes due November 2025 25,000 25,000 1.85% Euro-denominated senior notes due November 2022 81,672 74,968 3.06% Euro-denominated senior notes due November 2023 46,722 42,887 1.27% Euro-denominated senior notes due May 2024 61,080 56,066 1.71% Euro-denominated senior notes due May 2027 48,864 44,853 2.53% British Pound-denominated notes due November 2023 34,176 33,143 2.76% British Pound-denominated notes due November 2025 34,176 33,143 Term loan 8,375 51,438 Revolving Credit Facilities 83,324 134,393 Various other notes 1,647 783 Total debt 527,036 598,674 Less debt fees (143 ) (175 ) Less current portion (8,889 ) - Total long-term debt $ 518,004 $ 598,499 In October 2019, the Company amended its accounts receivable securitization program with Wells Fargo Bank N.A. (Wells Fargo) to reduce the program amount from $ million to $ million. Under the amended program, Wells Fargo has extended a secured loan (Secured Loan) of up to $ million to the Company secured by Wells Fargo’s undivided interests in certain of the Company’s trade accounts receivables. The $ million facility was renewed in October 2020. The interest rate on the Secured Loan is LIBOR plus . The Company has the intent and ability either to repay the Secured Loan with available funds from the Company’s existing long-term revolving credit facility, or to extend its accounts receivable program with Wells Fargo when it matures. Accordingly, the Secured Loan has been classified as long-term debt on the Company’s Consolidated Balance Sheet and is included with the Revolving Credit Facilities above. As of December 31, 2020, the amount was fully drawn. In May 2017, the Company executed an amended and restated credit agreement with a syndicate of banks to, among other things, (a) increase Sensient’s term loan facility by $ million (from $ million to $ million), (b) extend the maturity of Sensient’s $ million multi-currency revolving credit facility from November 2020 to May 2022 , and (c) modify certain other provisions of the credit agreement as set forth therein. At December 31, 2020, the Company’s term loan borrowings total $ million, with repayments completing in 2021. Borrowings under both the revolving credit and term loan facilities bear interest at a variable rate, based upon the applicable reference rate and including a margin percentage dependent upon the Company’s leverage ratio, as described below. The borrowings under the term loan had an average interest rate of 2.20% and 3.83% for the years ended December 31, 2020 and 2019, respectively. The borrowings under the revolving credit facility, excluding borrowings on the accounts receivable securitization program, had The aggregate amounts of contractual maturities on long-term debt subsequent to December 31, 2020, are as follows: (In s) Year ending December 2021 $ 73,892 2022 100,481 2023 156,414 2024 88,210 2025 59,176 Thereafter 48,863 Total long-term debt maturities $ 527,036 The Company had $329.0 million available under the revolving credit facility and $45.8 million available under other lines of credit from several banks at December 31, 2020. Substantially all of the senior financing obligations contain restrictions concerning interest coverage, borrowings, and investments. The Company is in compliance with all of these restrictions at December 31, 2020. The following table summarizes the Company’s most restrictive loan covenants calculated in accordance with the applicable agreements as of December 31, 2020: Actual Required Debt to EBITDA (1) 2.40 <3.50 Interest Coverage (Minimum) 6.61 >2.00 (1) Debt to EBITDA is defined in the Company’s debt covenants as total funded debt divided by the Company’s consolidated operating income excluding non-operating gains and losses and depreciation and amortization The Company had stand-by and trade letters of credit outstanding of $2.7 million and $2.6 million as of December 31, 2020 and 2019, respectively. Short-term Borrowings The Company’s short-term borrowings consisted of the following items at December 31: (In thousands) 2020 2019 U.S. credit facilities $ 138 $ 20,280 Current maturities of long-term debt 8,889 - Loans of foreign subsidiaries 220 332 Total $ 9,247 $ 20,612 The weighted average interest rates on short-term borrowings were 1.36% and 2.53% at December 31, 2020 and 2019, respectively.

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activity	12 Months Ended
	Dec. 31, 2020
Derivative Instruments and Hedging Activity [Abstract]
Derivative Instruments and Hedging Activity	7. Derivative Instruments and Hedging Activity The Company may use derivative instruments for the purpose of hedging currency, commodity, and interest rate exposures, which exist as part of ongoing business operations. As a policy, the Company does not engage in speculative or leveraged transactions, nor does the Company hold or issue financial instruments for trading purposes. Hedge effectiveness is determined by how closely the changes in the fair value of the hedging instrument offset the changes in the fair value or cash flows of the hedged transaction. Hedge accounting, which generally results in the deferral of derivative gains and losses until such time as the underlying transaction is recognized in net earnings, is permitted only if the hedging relationship is expected to be highly effective at the inception of the transaction and on an ongoing basis. The Company manages its exposure to foreign exchange risk by the use of forward exchange contracts to reduce the effect of fluctuating foreign currencies on non-functional currency sales, purchases, and other known foreign currency exposures. These forward exchange contracts generally have maturities of less than 18 months. The Company also uses certain debt denominated in foreign currencies to manage the net asset positions of the Company’s foreign subsidiaries. The Company’s primary hedging activities and their accounting treatment are summarized below. Forward Exchange Contracts Certain forward exchange contracts have been designated as cash flow hedges. The Company had $54.1 million and $59.9 million of forward exchange contracts, designated as cash flow hedges, outstanding as of December 31, 2020 and 2019, respectively. For the year ended December 31, 2020, losses of $1.3 million were reclassified into net earnings in the Company’s Consolidated Statement of Earnings that offset the earnings impact of the related non-functional asset or liability hedged in the same period. For the years ended December 31, 2019 and 2018, the amounts reclassified into net earnings in the Company’s Consolidated Statement of Earnings that offset the earnings impact of the related non-functional asset or liability hedged in the same period were not material. In addition, the Company utilizes forward exchange contracts that are not designated as cash flow hedges and the results of these transactions are not material to the financial statements. Net Investment Hedges The Company has designated certain foreign currency denominated long-term borrowings as partial hedges of the Company’s foreign currency net asset positions. As of December 31, 2020, the total value of the Company’s net investment hedges was $325.0 million. These net investment hedges included Euro and British Pound denominated long-term debt. As of December 31, 2019, the total value of the Company’s net investment hedges was $363.4 million. These net investment hedges then included Euro, Swiss Franc, and British Pound denominated long-term debt. Changes in the fair value of this debt attributable to changes in the spot foreign exchange rate are recorded in foreign currency translation in OCI. The impact of foreign exchange rates on these debt instruments has increased debt by $24.0 million and decreased debt by $3.1 million for the years ended December 31, 2020 and 2019, respectively, which has been recorded as foreign currency translation in OCI. For the year ended December 31, 2020, losses of $10.8 million were reclassified into net earnings in the Company’s Consolidated Statement of Earnings that offset the underlying transactions’ impact on earnings in the same period. These losses were primarily associated with the termination of the net investment hedge related to the Swiss Franc debt that was terminated in connection with the sale of the inks product line, including the Swiss legal entity, on June 30, 2020. See Note 14, Divestitures Concentrations of Credit Risk Counterparties to forward exchange contracts consist of large international financial institutions. While these counterparties may expose the Company to potential losses due to the credit risk of non-performance, losses are not anticipated. Concentrations of credit risk with respect to trade accounts receivable are limited by the large number of customers, generally short payment terms, and their dispersion across geographic areas.

Share-Based Compensation

Share-Based Compensation	12 Months Ended
	Dec. 31, 2020
Share-Based Compensation [Abstract]
Share-Based Compensation	8. Share-Based Compensation The Company has various stock plans, under which employees and directors may be granted non-vested stock which vests over a specific time period. In April 2017, the Company approved the 2017 Stock Plan authorizing 1.8 million shares for issuance as non-vested stock in the form of restricted stock, restricted stock units, performance stock units, non-qualified stock options, incentive stock options and stock appreciation rights. As of December 31, 2020, there were 1.2 million shares available to issue as non-vested stock under the Company’s existing stock plans. The Company recognizes expense for shares of non-vested stock over the vesting period with a pro-rata vesting upon retirement. Beginning with awards granted in December 2013, the vesting period is three years. During the period of restriction, the holder of non-vested stock has voting rights and is entitled to receive all dividends and other distributions paid with respect to the stock. The holders of the performance stock units are not entitled to vote or receive dividends and other distributions paid with respect to the stock, until the units have vested and shares of stock issued Grants issued after December 2013 and before December 2020, to elected officers, consist of 100% performance stock unit awards. These awards are based on a three-year performance period and a three-year vesting period with a pro-rata vesting upon retirement. Three-year performance that exceeds the stated performance metrics would result in an award up to 150% of the original grant, except for the grant issued in December 2019, which would result in an award up to of the original grant for performance that exceeds the stated performance metrics. The December 2020 grant consists of performance stock unit awards and non-vested restricted stock awards. The December 2020 performance stock unit awards are based on a performance period and a vesting period with a pro-rata vesting upon retirement. performance that exceeds the stated performance metrics would result in an award up to of the original grant. The December 2020 non-vested restricted stock awards granted are based on a vesting period with a pro-rata vesting upon retirement. The Company expenses awards for non-vested stock, including time-vesting stock and performance stock units, based on the fair value of the Company’s common stock at the date of the grant. The following table summarizes the non-vested stock and performance stock unit activity: (In thousands except fair value) Shares Grant Date Weighted Average Fair Value Aggregate Intrinsic Value Outstanding at December 31, 2017 412 $ 65.64 $ 30,113 Granted 142 59.45 Vested (111 ) 56.91 Cancelled (63 ) 64.71 Outstanding at December 31, 2018 380 66.02 21,239 Granted 134 60.04 Vested (46 ) 63.61 Cancelled (64 ) 62.39 Outstanding at December 31, 2019 404 64.89 26,710 Granted 142 65.61 Vested (27 ) 74.21 Cancelled (68 ) 73.39 Outstanding at December 31, 2020 451 $ 63.28 $ 33,283 The total intrinsic values of shares vested during 2020, 2019, and 2018, was $1.4 million, $3.0 million, and $7.7 million, respectively. As of December 31, 2020, total remaining unearned compensation, net of expected forfeitures, related to non-vested stock and performance stock units was $16.6 million, which will be amortized over the weighted average remaining service period of 2.34 years. Total pre-tax share-based compensation expense (income) The Company also recognized tax related benefits (expense) During the year ended December 31, 2019, the Company determined that it was not probable that it would meet the stated performance metrics related to certain performance-based awards resulting in an adjustment of share-based compensation of $ million.

Retirement Plans

Retirement Plans	12 Months Ended
	Dec. 31, 2020
Retirement Plans [Abstract]
Retirement Plans	9. Retirement Plans The Company provides benefits under defined contribution plans including a savings plan and an employee stock ownership plan (ESOP). The savings plan covers substantially all domestic salaried and certain non-union hourly employees and provides for matching contributions up to 4% of each employee’s salary. The ESOP covers substantially all domestic employees and provides for contributions based on a percentage of each employee’s compensation as determined by the Company’s Board of Directors. Total expense for the Company’s defined contribution plans was $6.1 million in 2020 and $6.0 million in 2019 and 2018. Although the Company intends for these defined contribution plans to be the primary retirement benefit for most employees, the Company also has several defined benefit plans. The funded status of the defined benefit plans was as follows at December 31: (In thousands) 2020 2019 Benefit obligation at beginning of year $ 39,421 $ 34,152 Service cost 1,601 1,432 Interest cost 1,022 1,273 Foreign currency exchange rate changes 690 558 Benefits paid (1,948 ) (1,899 ) Amendments 42 - Actuarial loss 4,803 3,905 Benefit obligation at end of year 45,631 39,421 Plan assets at beginning of year 31,776 28,299 Company contributions 1,117 1,086 Foreign currency exchange rate changes 882 968 Benefits paid (1,948 ) (1,899 ) Actual gain on plan assets 3,849 3,322 Plan assets at end of year 35,676 31,776 Funded status $ (9,955 ) $ (7,645 ) Accumulated benefit obligation $ 44,559 $ 38,596 Amounts recognized in the Consolidated Balance Sheets at December 31: (In thousands) 2020 2019 Accrued employee and retiree benefits $ (19,349 ) $ (17,143 ) Other accrued expenses (722 ) (710 ) Other assets 10,116 10,208 Net liability $ (9,955 ) $ (7,645 ) Components of annual benefit cost: (In thousands) 2020 2019 2018 Service cost $ 1,601 $ 1,432 $ 1,465 Interest cost 1,022 1,273 1,137 Expected return on plan assets (813 ) (896 ) (896 ) Recognized actuarial loss (gain) 41 (176 ) (141 ) Settlement income - - (179 ) Defined benefit expense $ 1,851 $ 1,633 $ 1,386 Weighted average liability assumptions as of December 31: 2020 2019 Discount rate 1.87 % 2.69 % Expected return on plan assets 2.17 % 2.68 % Rate of compensation increase 0.34 % 0.34 % Weighted average cost assumptions for the year ended December 31: 2020 2019 2018 Discount rate 2.69 % 3.80 % 3.16 % Expected return on plan assets 2.68 % 3.21 % 3.03 % Rate of compensation increase 0.34 % 0.31 % 0.33 % The aggregate amounts of benefits expected to be paid from defined benefit plans in each of the next five years subsequent to December 31, 2020, which include employees’ expected future service, are as follows: 2021, $1.6 million; 2022, $3.9 million; 2023, $1.6 million; 2024, $4.0 million; 2025, $1.7 million; and $11.7 million in total for the years 2026 through 2030. The Company expects to contribute $1.2 million to defined benefit plans in 2021. Amounts in accumulated other comprehensive loss at December 31 were as follows: (In thousands) 2020 2019 Unrecognized net actuarial loss $ 2,402 $ 683 Prior service cost 187 146 Total before tax effects $ 2,589 $ 829 The pension adjustments, net of tax, recognized in OCI, were as follows: (In thousands) 2020 2019 2018 Net actuarial (loss) gain arising during the period $ (1,293 ) $ (1,091 ) $ 1,257 Prior service cost (32 ) - (127 ) Amortization of actuarial loss (gain), included in defined benefit expense 32 (130 ) (103 ) Pension adjustment, net of tax $ (1,293 ) $ (1,221 ) $ 1,027 The investment objectives and target allocations for the Company’s pension plans related to the assets of the plans are reviewed on a regular basis. The investment objectives for the pension assets are to maximize the return on assets while maintaining an overall level of risk appropriate for a retirement fund and ensuring the availability of funds for the payment of retirement benefits. The levels of risk assumed by the pension plans are determined by market conditions, the rate of return expectations, and the liquidity requirements of each pension plan. The actual asset allocations of each pension plan are reviewed on a regular basis to ensure that they are in line with the target allocations. The following table presents the Company’s pension plan assets by asset category as of December 31, 2020 and 2019: Fair Value as of December 31, Fair Value Measurements at December 31, 2020 Using Fair Value Hierarchy Fair Value as of December 31, Fair Value Measurements at December 31, 2019 Using Fair Value Hierarchy (In thousands) 2020 Level 1 Level 2 Level 3 2019 Level 1 Level 2 Level 3 Equity Funds Domestic $ 6,565 $ 6,565 $ - $ - $ 6,003 $ 6,003 $ - $ - International 97 - 97 - 104 - 104 - International Fixed Income Funds 28,911 1,190 27,721 - 25,556 1,269 24,287 - Other investments 103 76 27 - 113 79 34 - Total assets at fair value $ 35,676 $ 7,831 $ 27,845 $ - $ 31,776 $ 7,351 $ 24,425 $ - The Company is required to categorize pension plan assets based on the following fair value hierarchy: Level 1: Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets. Level 2: Inputs other than quoted prices included in Level 1 that are observable for the asset or liability through corroboration with observable market data. Level 3: Unobservable inputs that reflect the reporting entity’s own assumptions.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	12 Months Ended
	Dec. 31, 2020
Accumulated Other Comprehensive Income [Abstract]
Accumulated Other Comprehensive Income	10. Accumulated Other Comprehensive Income The following table summarizes the changes in OCI for 2020, 2019, and 2018: (In thousands) Cash Flow Hedges (1) Pension Items (1) Foreign Currency Items Total Balance as of December 31, 2017 $ (669 ) $ (309 ) $ (148,356 ) $ (149,334 ) Other comprehensive income (loss) before reclassifications 667 1,130 (16,675 ) (14,878 ) Amounts reclassified from OCI 149 (103 ) - 46 Adoption of ASU 2018-02 - (169 ) (1,220 ) (1,389 ) Balance as of December 31, 2018 $ 147 $ 549 $ (166,251 ) $ (165,555 ) Other comprehensive income (loss) before reclassifications (111 ) (1,091 ) 4,114 2,912 Amounts reclassified from OCI (235 ) (130 ) - (365 ) Balance as of December 31, 2019 $ (199 ) $ (672 ) $ (162,137 ) $ (163,008 ) Other comprehensive income (loss) before reclassifications (374 ) (1,325 ) 12,887 11,188 Amounts reclassified from OCI 1,322 32 (8,625 ) (7,271 ) Balance as of December 31, 2020 $ 749 $ (1,965 ) $ (157,875 ) $ (159,091 ) (1) Cash Flow Hedges and Pension Items are net of tax. In 2018, the Company adopted ASU 2018-02, Reclassifications of Certain Tax Effects from Accumulated Other Comprehensive Income Earnings Reinvested in the Business

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2020
Income Taxes [Abstract]
Income Taxes	11. Income Taxes Earnings before income taxes were as follows: (In thousands) 2020 2019 2018 United States $ 72,593 $ 38,356 $ 80,641 Foreign 65,252 62,647 100,884 Total $ 137,845 $ 101,003 $ 181,525 The provision for income taxes was as follows: (In thousands) 2020 2019 2018 Current income tax expense (benefit): Federal (1) $ 9,660 $ 12,994 $ (9,071 ) State 3,000 2,622 205 Foreign 24,418 22,680 23,187 37,078 38,296 14,321 Deferred expense (benefit): Federal (6,918 ) (17,246 ) 3,977 State (565 ) 18 3,164 Foreign (1,222 ) (2,112 ) 2,703 (8,705 ) (19,340 ) 9,844 Income taxes $ 28,373 $ 18,956 $ 24,165 (1) In 2018, this amount includes $ 3.9 million of income tax benefit related to a reduction in the 2017 estimate of the one-time transition tax on earnings of foreign subsidiaries enacted by the 2017 Tax Legislation (see discussion below). The reconciliation between the U.S. Federal tax rate and the actual effective tax rate was as follows 2020 2019 2018 Taxes at statutory rate 21.0 % 21.0 % 21.0 % State income taxes, net of federal income tax benefit 2.2 2.2 1.1 Tax credits (1.5 ) (2.6 ) (1.5 ) Taxes on foreign earnings 2.8 5.1 (0.4 ) Global Intangible Low-Taxed Income 0.1 0.9 0.6 Foreign Derived Tangible Income (1.1 ) (1.0 ) (0.6 ) Loss on balance sheet hedge 2.0 - - Resolution of prior years’ tax matters (0.1 ) (0.4 ) (0.3 ) Valuation allowance adjustments (3.7 ) (8.8 ) 0.4 2017 Tax Legislation - - (3.7 ) U.S. tax accounting method changes - - (2.9 ) Other, net (1.1 ) 2.4 (0.4 ) Effective tax rate 20.6 % 18.8 % 13.3 % Taxes on foreign earnings include the difference between the tax rates applied to foreign earnings relative to the U.S. statutory tax rate, accruals for foreign unrecognized tax benefits, and the impact of the U.S. foreign tax credit, not including the impact from Global Intangible Low-Taxed Income (GILTI). The impact on the Company’s effective tax rate varies from year to year based on the finalization of prior year foreign and domestic tax items, audit settlements, and mix of foreign earnings. The effective tax rates in 2020 and were both impacted by tax costs related to the divestitures and the release of valuation allowances related to the foreign tax credit carryover. The 2019 effective tax rate was also impacted by valuation allowance adjustments related to foreign net operating losses. The effective tax rate in was also favorably impacted by U.S. tax accounting method changes that were filed with the IRS in the quarter of and generation of foreign tax credits during The Company’s valuation allowance at December and was and . The valuation allowance was increased by in the quarter of related to the increase in the foreign tax credit deferred tax asset. During the Company completed tax planning strategies and Federal tax regulations were finalized that resulted in the partial release of this valuation allowance. The valuation allowance was also increased in 2019 by for the deferred tax assets related to net operating losses that the Company does not believe are more likely than not to be realized. The decrease of the 2020 effective tax rate from GILTI compared to 2019 is primarily the result of the US Treasury releasing final regulations in 2020 that changed the high tax election for GILTI and Sensient applying the high tax election for 2020. On December 22, 2017, the U.S. enacted the Tax Cuts and Jobs Act (2017 Tax Legislation). The 2017 Tax Legislation 2017 Tax Legislation The tax effects of temporary differences that give rise to significant portions of deferred tax assets and liabilities consisted of the following: (In thousands) 2020 2019 Deferred tax assets: Benefit plans $ 7,665 $ 6,293 Liabilities and reserves 19,291 21,085 Operating loss and credit carryovers (1) 77,756 82,000 Other 13,228 1,126 Gross deferred tax assets 117,940 110,504 Valuation allowance (1) (47,813 ) (54,326 ) Deferred tax assets 70,127 56,178 Deferred tax liabilities: Property, plant, and equipment (31,709 ) (29,869 ) Goodwill (22,012 ) (21,744 ) Other - (5,192 ) Deferred tax liabilities (53,721 ) (56,805 ) Net deferred tax assets (liabilities) $ 16,406 $ (627 ) (1) In the first quarter of 2019, the Company recognized an increase in its foreign tax credit carryover and corresponding valuation allowance of $ 16.2 million , related to the finalization of certain tax regulations . At December foreign tax credit carryovers were , all of which expires before At December foreign operating loss carryovers were At December 2020 and of deferred tax assets and $ million of deferred tax liabilities, respectively, are classified as Liabilities held for sale on the Consolidated Balance Sheet. The Company is electing to recognize GILTI as a period expense in the period the tax is incurred. Federal and state income taxes are provided on international subsidiary income distributed to or taxable in the U.S. during the year. At December 31, 2020, no additional income or withholding taxes have been provided for the $625 million of undistributed earnings or any additional outside basis differences inherent in these entities, as these amounts are considered to be invested indefinitely. If the undistributed earnings were repatriated, the Company A reconciliation of the change in the liability for unrecognized tax benefits for 2020 and 2019 is as follows: (In thousands) 2020 2019 Balance at beginning of year $ 6,032 $ 6,026 Increases for tax positions taken in the current year 805 750 Increases for tax positions taken in prior years 1,267 199 Decreases related to settlements with tax authorities (386 ) (341 ) Decreases as a result of lapse of the applicable statutes of limitations (625 ) (591 ) Foreign currency exchange rate changes 352 (11 ) Balance at the end of year $ 7,445 $ 6,032 The amount of the unrecognized tax benefits that would affect the effective tax rate, if recognized, was approximately $6.6 million. The Company recognizes interest and penalties related to the unrecognized tax benefits in income tax expense. As of December 31, 2020 and 2019, $0.7 million and $0.6 million, respectively, of accrued interest and penalties were reported as an income tax liability in each period. The liability for unrecognized tax benefits relates to multiple jurisdictions and is reported in Other liabilities The Company believes that it is reasonably possible that the total amount of liability for unrecognized tax benefits as of December 31, 2020, will decrease by approximately $2.5 million during 2021, of which $0.3 million is estimated to impact the effective tax rate. The potential decrease relates to various tax matters for which the statute of limitations may expire or will be otherwise settled in 2021. The amount that is ultimately recognized in the financial statements will be dependent upon various factors including potential increases or decreases in unrecognized tax benefits as a result of examinations, settlements, and other unanticipated items that may occur during the year. With limited exceptions, the Company is no longer subject to federal, state, and local, or non-U.S. income tax examinations by tax authorities for years before 2015.

Segment and Geographic Informat

Segment and Geographic Information	12 Months Ended
	Dec. 31, 2020
Segment and Geographic Information [Abstract]
Segment and Geographic Information	12. Segment and Geographic Information The accounting policies of the segments are the same as those described in the summary of significant accounting policies. The Company evaluates performance based on operating income before divestiture & other related costs, share-based compensation, restructuring and other charges including operational improvement plan costs, -time COVID- employee payment, interest expense, and income taxes (segment operating income). Total revenue and segment operating income by business segment and geographic region include both sales to customers, as reported in the Company’s Consolidated Statements of Earnings, and intersegment sales, which are accounted for at prices that approximate market prices and are eliminated in consolidation. Assets by business segment and geographic region are those assets used in the Company’s operations in each segment and geographic region. Segment assets reflect the allocation of goodwill to each segment. Corporate & Other assets consist primarily of investments, deferred tax assets, and fixed assets. In the Company changed the name of its Flavors & Fragrances segment to the Flavors & Extracts segment in order to more accurately reflect the group’s product portfolio. In addition, the Company changed the name of its Food & Beverage Colors product line to Food & Pharmaceutical Colors. Segment Information The Company determines its operating segments based on information utilized by its chief operating decision maker to allocate resources and assess performance. Segment performance is evaluated on operating income of the respective business units before divestiture & other related costs, share-based compensation, and restructuring and other charges including operational improvement plan costs, which are reported in Corporate & Other. The Company’s three reportable segments are Flavors & Extracts Extracts The Asia Pacific segment is managed on a geographic basis and produces and distributes color, flavor, and fragrance products for the Asia Pacific countries. The Company’s corporate expenses, divestiture & other related costs, share-based compensation, operational improvement plan expenses, COVID- employee payment, and other costs are included in the “Corporate & Other” category. Divestiture & other related costs and restructuring and other costs, including the operational improvement plan costs, for the years ended December and , are further described in Note Divestitures, and Note Operational Improvement Plan, and are included in the operating income (loss) results in Corporate & Other below. There were divestiture & other related costs, restructuring and other costs, or operational improvement plan costs in In addition, the Company’s corporate expenses and share-based compensation are included in Corporate & Other. (In thousands) Flavors & Extracts Color Asia Pacific Corporate & Other Consolidated 2020 : Revenue from external customers $ 724,483 $ 486,536 $ 120,982 $ - $ 1,332,001 Intersegment revenue 17,552 14,482 245 - 32,279 Total revenue 742,035 501,018 121,227 - 1,364,280 Operating income (loss) 90,974 96,034 22,075 (56,427 ) 152,656 Interest expense - - - 14,811 14,811 Earnings (loss) before income taxes 90,974 96,034 22,075 (71,238 ) 137,845 Assets 686,348 718,665 100,258 235,589 1,740,860 Capital expenditures 24,541 19,840 2,687 5,094 52,162 Depreciation and amortization 24,801 19,368 2,578 2,894 49,641 2019 : Revenue from external customers $ 682,705 $ 522,051 $ 118,178 $ - $ 1,322,934 Intersegment revenue 17,651 13,108 70 - 30,829 Total revenue 700,356 535,159 118,248 - 1,353,763 Operating income (loss) 74,961 101,190 19,382 (74,423 ) 121,110 Interest expense - - - 20,107 20,107 Earnings (loss) before income taxes 74,961 101,190 19,382 (94,530 ) 101,003 Assets 714,779 734,343 99,183 191,846 1,740,151 Capital expenditures 16,968 16,521 2,545 3,066 39,100 Depreciation and amortization 27,179 22,088 2,581 3,167 55,015 2018 : Revenue from external customers $ 723,189 $ 540,499 $ 123,127 $ - $ 1,386,815 Intersegment revenue 23,743 13,505 37 - 37,285 Total revenue 746,932 554,004 123,164 - 1,424,100 Operating income (loss) 96,433 113,306 20,856 (27,217 ) 203,378 Interest expense - - - 21,853 21,853 Earnings (loss) before income taxes 96,433 113,306 20,856 (49,070 ) 181,525 Assets 782,145 752,305 103,808 186,682 1,824,940 Capital expenditures 23,679 21,744 2,858 2,459 50,740 Depreciation and amortization 25,922 21,931 2,451 2,940 53,244 Geographic Information The Company has manufacturing facilities or sales offices in North America, Europe, Asia, Australia, South America, and Africa. The Company’s annual revenue summarized by geographic location is as follows: (In thousands) Flavors & Extracts Color Asia Pacific Corporate & Other Consolidated 2020 : Revenue from external customers: North America $ 491,641 $ 241,608 $ 81 $ - $ 733,330 Europe 160,083 129,704 193 - 289,980 Asia Pacific 30,080 52,414 117,427 - 199,921 Other 42,679 62,810 3,281 - 108,770 Total revenue from external customers $ 724,483 $ 486,536 $ 120,982 $ - $ 1,332,001 Long-lived assets: North America $ 244,921 $ 252,906 $ - $ 102,577 $ 600,404 Europe 112,424 226,840 - - 339,264 Asia Pacific 204 4,670 31,834 - 36,708 Other 782 22,116 - - 22,898 Total long-lived assets $ 358,331 $ 506,532 $ 31,834 $ 102,577 $ 999,274 2019 : Revenue from external customers: North America $ 448,393 $ 251,593 $ 112 $ - $ 700,098 Europe 158,902 148,393 336 - 307,631 Asia Pacific 32,203 57,268 116,508 - 205,979 Other 43,207 64,797 1,222 - 109,226 Total revenue from external customers $ 682,705 $ 522,051 $ 118,178 $ - $ 1,322,934 Long-lived assets: North America $ 251,822 $ 220,723 $ - $ 80,128 $ 552,673 Europe 102,631 242,311 - - 344,942 Asia Pacific 1,017 3,758 31,007 - 35,782 Other 504 18,037 - - 18,541 Total long-lived assets $ 355,974 $ 484,829 $ 31,007 $ 80,128 $ 951,938 2018 : Revenue from external customers: North America $ 477,083 $ 245,649 $ - $ - $ 722,732 Europe 173,562 168,340 155 - 342,057 Asia Pacific 31,506 59,548 121,975 - 213,029 Other 41,038 66,962 997 - 108,997 Total revenue from external customers $ 723,189 $ 540,499 $ 123,127 $ - $ 1,386,815 Long-lived assets: North America $ 255,131 $ 230,187 $ - $ 76,996 $ 562,314 Europe 125,157 265,688 - - 390,845 Asia Pacific 1,061 3,319 27,872 - 32,252 Other 277 16,387 - - 16,664 Total long-lived assets $ 381,626 $ 515,581 $ 27,872 $ 76,996 $ 1,002,075 Sales in the United States, based on the final country of destination of the Company’s products, were , , and , in and respectively. No other country of destination exceeded of consolidated sales. Total long-lived assets in the United States amounted to , , and , at December and respectively. Product Information During the first quarter of 2020, the Company updated its product line disclosures as a result of its intent to divest its inks, fragrances (excluding its essential oils product line), and yogurt fruit preparations product lines. Flavors, Extracts & Flavor Ingredients now includes essential oils, which was previously reported in Fragrances. Fragrances now only includes the aroma chemicals and fragrance compounds product lines. Yogurt Fruit Preparations is now disclosed separately; previously, it was reported in the Flavors product line. Food & Pharmaceutical Colors (formerly Food & Beverage Colors) now includes pharmaceutical colors and natural extraction, which were previously reported in Other Colors. Personal Care includes cosmetic and non-food colors. Inks is now disclosed separately; previously, it was reported in Other Colors. The results for 2019 and 2018 have been restated to reflect these changes. The Company’s revenue summarized by product portfolio is as follows: (In thousands) Flavors & Extracts Color Asia Pacific Consolidated 2020 : Flavors, Extracts & Flavor Ingredients $ 399,331 $ - $ - $ 399,331 Natural Ingredients 243,161 - - 243,161 Fragrances 85,354 - - 85,354 Yogurt Fruit Preparations 14,189 - - 14,189 Food & Pharmaceutical Colors - 346,269 - 346,269 Personal Care - 141,331 - 141,331 Inks - 13,418 - 13,418 Asia Pacific - - 121,227 121,227 Intersegment Revenue (17,552 ) (14,482 ) (245 ) (32,279 ) Total revenue from external customers $ 724,483 $ 486,536 $ 120,982 $ 1,332,001 2019 : Flavors, Extracts & Flavor Ingredients $ 378,967 $ - $ - $ 378,967 Natural Ingredients 214,027 - - 214,027 Fragrances 86,399 - - 86,399 Yogurt Fruit Preparations 20,963 - - 20,963 Food & Pharmaceutical Colors - 340,327 - 340,327 Personal Care - 159,640 - 159,640 Inks - 35,192 - 35,192 Asia Pacific - - 118,248 118,248 Intersegment Revenue (17,651 ) (13,108 ) (70 ) (30,829 ) Total revenue from external customers $ 682,705 $ 522,051 $ 118,178 $ 1,322,934 2018 : Flavors, Extracts & Flavor Ingredients $ 403,762 $ - $ - $ 403,762 Natural Ingredients 224,280 - - 224,280 Fragrances 91,786 - - 91,786 Yogurt Fruit Preparations 27,104 - - 27,104 Food & Pharmaceutical Colors - 332,878 - 332,878 Personal Care - 179,485 - 179,485 Inks - 41,641 - 41,641 Asia Pacific - - 123,164 123,164 Intersegment Revenue (23,743 ) (13,505 ) (37 ) (37,285 ) Total revenue from external customers $ 723,189 $ 540,499 $ 123,127 $ 1,386,815

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2020
Fair Value Measurements [Abstract]
Fair Value Measurements	13. Fair Value Measurements ASC 820, Fair Value Measurement

Divestitures

Divestitures	12 Months Ended
	Dec. 31, 2020
Divestitures [Abstract]
Divestitures	14. Divestitures In October 2019 , the Company announced its intent to divest its inks, fragrances (excluding its essential oils product line), and yogurt fruit preparations product lines. In the fourth quarter of 2019, the Board of Directors approved the sale of the inks product line, which is within the Color segment, and the fragrances product line (excluding its essential oils product line), which is within the Flavors & Extracts segment (formerly known as the Flavors & Fragrances segment; see Note 12, Segment and Geographic Information ). In the second quarter of 2020, the Board of Directors approved the sale of the yogurt fruit preparations product line, which is within the Flavors & Extracts segment. The divesting and exit of these product lines does not meet the criteria to be presented as a discontinued operation on the Consolidated Statements of Earnings. On June 30, 2020, the Company completed the sale of its inks product line. In 2020, the Company received $11.6 million of net cash and expects to receive additional cash when it completes certain post-closing asset sales. For the years ended December 31, 2020 and 2019, the non-cash loss on disposal of the inks product line was $0.1 million and $15.8 million, respectively. On September 18, 2020, the Company completed the sale of its yogurt fruit preparations product line for $1.0 million. The sale included an earn-out based on future performance, which could result in additional cash consideration for the Company. On November 23, 2020, the Company announced it had entered into a definitive agreement to sell its fragrances product line (excluding its essential oils product line). The Company expects the transaction to be finalized in the first half of 2021. The assets and liabilities related to the inks and fragrances (excluding its essential oils product line) product lines are recorded in Assets held for sale Liabilities held for sale (In thousands) 2020 2019 Assets held for sale: Trade accounts receivable, less allowance for losses of $456 and $2,350, respectively $ 20,722 $ 31,653 Inventories 25,045 34,612 Prepaid expenses and other current assets 1,843 5,528 Property, Plant, and Equipment, net 3,434 14,496 Intangible assets 1,716 5,004 Assets held for sale $ 52,760 $ 91,293 Liabilities held for sale: Trade accounts payable $ 13,967 $ 12,318 Accrued salaries, wages, and withholdings from employees 1,739 1,677 Other accrued expenses 1,633 5,190 Liabilities held for sale $ 17,339 $ 19,185 The Company reports all costs associated with the divestitures in Corporate & Other. The following table summarizes the divestiture & other related costs for the year ended December 31, 2020: (In thousands) Yogurt Fruit Preparations Fragrances Inks Corporate/ Other Consolidated Non-cash impairment charges – Selling and administrative expenses $ 2,597 $ 2,055 $ 8,928 $ (861 ) $ 12,719 Non-cash charges – Cost of products sold 1,679 77 (203 ) 242 1,795 Reclassification of foreign currency translation and related items – Selling and administrative expenses - - (8,625 ) - (8,625 ) Other costs - Selling and administrative expenses (1) 337 3,029 892 2,008 6,266 Total $ 4,613 $ 5,161 $ 992 $ 1,389 $ 12,155 (1) Other costs – Selling and administrative expenses include employee separation costs, professional services, accelerated depreciation, and other related costs. The Company reports all costs associated with the divestitures in Corporate & Other. The following table summarizes the divestiture & other related costs for the year ended December 31, 2019: (In thousands) Yogurt Fruit Preparations Fragrances Inks Corporate/ Other Consolidated Non-cash impairment charges – Selling and administrative expenses $ - $ 18,204 $ 15,849 $ 555 $ 34,608 Non-cash charges – Cost of products sold 9,767 - - - 9,767 Other costs - Selling and administrative expenses (1) - 305 26 374 705 Other costs – Cost of products sold (2) 800 - - - 800 Total $ 10,567 $ 18,509 $ 15,875 $ 929 $ 45,880 (1) Other costs – Selling and administrative expenses include employee separation costs, professional services, and other related costs. (2) Other costs – Cost of product sold include inventory disposal costs and other related costs. The Company recorded non-cash impairment charges in Selling and Administrative Expenses, Cost of Products Sold Accumulated Other Comprehensive Loss Selling and Administrative Expenses In March 2020, the Company was notified by the potential buyer of the Company’s fragrances product line that environmental sampling conducted at the Company’s Granada, Spain location had identified the presence of contaminants in soil and groundwater in certain areas of the property. The Company records liabilities related to environmental remediation obligations when estimated future expenditures are probable and the amount of the liability is reasonably estimable. Based upon an environmental investigation and a quantitative risk assessment performed by a consultant hired by the Company, the Company has recorded $0.8 million related to these obligations in Selling and Administrative Expenses As of December 31, 2020, the Company estimates 2021 divestiture & other related costs will be $10 million to $14 million. The Company is expecting a non-cash charge of $8 million to $10 million upon closing the sale of the fragrances product line (excluding its essential oils product line) related to the reclassification of accumulated foreign currency translation and related items from Accumulated Other Comprehensive Loss Selling and Administrative Expenses

Operational Improvement Plan

Operational Improvement Plan	12 Months Ended
	Dec. 31, 2020
Operational Improvement Plan [Abstract]
Operational Improvement Plan	15. Operational Improvement Plan During the third quarter of 2020, the Company approved an operational improvement plan (Operational Improvement Plan) to consolidate manufacturing facilities and improve efficiencies within the Company. As part of the Operational Improvement Plan, the Company is combining its New Jersey cosmetics manufacturing facility in the Personal Care product line of the Color segment into its existing Color segment facility in Missouri. In addition, the Company is centralizing certain Flavors & Extracts segment support functions in Europe into one location. In the Asia Pacific segment, the Company incurred costs in connection with the elimination of certain selling and administrative positions. The Company reports all costs associated with the Operational Improvement Plan in Corporate & Other. The following table summarizes the Operational Improvement Plan expenses by segment for the year ended December 31, 2020: (In thousands) Flavors & Extracts Color Asia Pacific Consolidated Employee separation $ 352 $ 1,749 $ 589 $ 2,690 Other costs (1) - 640 9 649 Total $ 352 $ 2,389 $ 598 $ 3,339 (1) Other costs include professional services, accelerated depreciation, and other related costs. The Company recorded the Operational Improvement Plan expenses for the year ended December 31, 2020, as follows: (In thousands) Selling and Administrative Expenses Cost of Products Sold Consolidated Employee separation $ 2,690 $ - $ 2,690 Other costs (1) 614 35 649 Total $ 3,304 $ 35 $ 3,339 (1) Other costs include professional services, accelerated depreciation, and other related costs. As of December 31, 2020, the Company recorded $2.2 million of accrued liabilities in Other accrued expenses

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2020
Commitments and Contingencies [Abstract]
Commitments and Contingencies	16. Commitments and Contingencies Agar v. Sensient Natural Ingredients LLC On March 29, 2019, Calvin Agar (Agar), a former employee, filed a Class Action Complaint in Stanislaus County Superior Court against Sensient Natural Ingredients LLC (SNI). On May 22, 2019, Agar filed a First Amended Class Action Complaint against SNI (the Complaint). Agar alleges that SNI improperly reported overtime pay on employees’ wage statements, in violation of the California Labor Code. The Complaint alleges two causes of action, both of which concern the wage statements. The Complaint does not allege that SNI failed to pay any overtime due to Agar or any of the putative class or group members. The Complaint merely challenges the manner in which SNI has reported overtime pay on its wage statements. SNI maintains that it has accurately paid Agar and the putative class members for all overtime worked, and that they have not experienced any harm. SNI further maintains that the format of its wage statements does not violate the requirements of state law or any specific guidance from California decisional law, the California Division of Labor Standards Enforcement, or the California Labor Commissioner's Office. Finally, SNI contended that certain of the state law claims are subject to mandatory individual arbitration. SNI filed its Answer and Affirmative Defenses to the Complaint on July 10, 2019 The parties participated in an early mediation in the case in December 2019 which was not successful. On March 17, 2020 the Court granted Agar leave to file a Second Amended Complaint, which removed the claim that SNI had asserted was subject to mandatory individual arbitration. SNI filed a Demurrer to the Second Amended Complaint, seeking dismissal of the remaining claim, on May 1, 2020 The Court overruled the Demurrer on September 1, 2020 SNI has requested discretionary appellate review of this decision. Discovery is currently stayed in the matter pending the outcome of SNI’s application for appellate review. SNI continues to evaluate the developing legal authority on this issue. SNI intends to continue to vigorously defend its interests, absent a reasonable resolution. Kelley v. Sensient Natural Ingredients LLC; Bryan v. Sensient Natural Ingredients LLC On March 4, 2020 Monique Kelley filed a Class Action Complaint against SNI in Merced County Superior Court in California. Ms. Kelley worked at SNI for less than a week in 2017 through a temporary staffing company. Ms. Kelley has brought suit for purported violations of the California Labor Code and the California Business and Professions Code on her own behalf, and on behalf of all current and former California-based hourly-paid or non-exempt employees of SNI. Ms. Kelley specifically asserts claims for unpaid overtime wages, unpaid minimum wages, unpaid meal and rest break premiums, failure to timely pay final wages upon termination, non-compliant wage statements, and unreimbursed business expenses. SNI filed a Demurrer on May 21, 2020 seeking dismissal of the Complaint in its entirety on the grounds that it contains only boilerplate allegations that fail to state facts sufficient to constitute a cause of action, and it is otherwise uncertain, ambiguous, and unintelligible. SNI further sought dismissal of one cause of action based upon the statute of limitations. SNI simultaneously filed a Motion to Strike certain allegations in the Complaint as improperly pled. The Court sustained the Demurrer with leave to amend on August 25, 2020 The Court also granted the Motion to Strike. Ms. Kelley has amended her original pleading, asserting the same causes of action, to which SNI has filed a responsive pleading. The parties have begun discovery. On June 15, 2020 the same law firm representing Ms. Kelley also filed notice with the State of California of the intent to pursue a claim on a representative basis pursuant to the California Private Attorneys General Act of 2004 (PAGA). This notice was served on behalf of Julie Bryan, who worked at SNI through a temporary staffing agency in early 2020 The notice states the intent to pursue relief on behalf of Ms. Bryan as well as other alleged aggrieved employees, identified as all current and former hourly or non-exempt employees of SNI, whether hired directly or through staffing agencies or labor contractors. The notice alleges that SNI failed to properly pay Ms. Bryan and the other alleged aggrieved employees for all hours worked, failed to properly provide or compensate minimum and overtime wages and for meal and rest breaks, failed to issue compliant wage statements, and failed to reimburse for all necessary business-related expenses, in violation of the California Labor Code and California Industrial Welfare Commission Orders. On August 19, 2020 Ms. Bryan filed a Complaint in Merced County Superior Court asserting the claims set forth in her PAGA notice. SNI has filed its Answer and Affirmative Defenses, and the parties have entered the discovery phase of the case. SNI intends to vigorously defend its interests in both of these matters, absent a reasonable resolution. Other Claims The Company is subject to various claims and litigation arising in the normal course of business. The Company establishes reserves for claims and proceedings when it is probable that liabilities exist and reasonable estimates of loss can be made. While it is not possible to predict the outcome of these matters, based on our assessment of the facts and circumstances now known, we do not believe that these matters, individually or in the aggregate, will have a material adverse effect on our financial position. However, actual outcomes may be different from those expected and could have a material effect on our results of operations or cash flows in a particular period. See Note Divestitures , for information about estimated environmental remediation costs associated with our Granada, Spain, location.

Subsequent Event

Subsequent Event	12 Months Ended
	Dec. 31, 2020
Subsequent Event [Abstract]
Subsequent Event	17. Subsequent Event On , the Company announced its quarterly dividend of cents per share would be payable on .

Schedule II Valuation and Quali

Schedule II Valuation and Qualifying Accounts	12 Months Ended
	Dec. 31, 2020
Schedule II - Valuation and Qualifying Accounts [Abstract]
Schedule II - Valuation and Qualifying Accounts	Schedule II Valuation and Qualifying Accounts (in thousands); Years Ended December 31, 2020, 2019 and 2018 Valuation Accounts Deducted in the Balance Sheet From the Assets to Which They Apply Balance at Beginning of Period Additions Charged to Costs and Expenses Additions Recorded During Acquisitions Deductions (A) Balance at End of Period 2018 Allowance for losses: Trade accounts receivable $ 6,000 $ 1,004 $ 0 $ 1,028 $ 5,976 2019 Allowance for losses: Trade accounts receivable $ 5,976 $ 2,469 $ 0 $ 3,882 $ 4,563 2020 Allowance for losses: Trade accounts receivable $ 4,563 $ 565 $ 0 $ 1,693 $ 3,435 (A) Accounts written off, net of recoveries. In 2019, $2,350 thousand was moved to Assets held for sale on the Consolidated Balance Sheet related to the fragrances and inks divestitures

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2020
Summary of Significant Accounting Policies [Abstract]
Principles of Consolidation and Basis of Presentation	Principles of Consolidation and Basis of Presentation The consolidated financial statements include the accounts of the Company and have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP). All significant intercompany accounts and transactions have been eliminated in consolidation.
Use of Estimates	Use of Estimates The preparation of the consolidated financial statements requires the use of management’s estimates and assumptions that affect reported amounts of assets, liabilities, revenue, and expenses during the reporting period and the disclosure of contingent assets and liabilities at the date of the financial statements. Actual results could differ from those estimates.
Revenue Recognition	Revenue Recognition The Company recognizes revenue at the transfer of control of its products to the Company’s customers in an amount reflecting the consideration to which the Company expects to be entitled. In order to achieve this core principle, the Company applies the following five-step approach: • Identification of the contract, or contracts, with a customer • Identification of the performance obligations in the contract • Determination of the transaction price • Allocation of the transaction price to the performance obligations in the contract • Recognition of revenue when, or as, the Company satisfies the performance obligations The Company considers customer purchase orders, which in some cases are governed by master sales agreements, to be the contracts with the customer. For each contract, the Company considers the identified performance obligation to be the promise to transfer products. In determining the transaction price, the Company evaluates whether the price is subject to refund or adjustment and then determines the net consideration to which the Company expects to be entitled. In addition, the Company assesses the customer’s ability to pay as part of its evaluation of the contract. As the Company’s standard payment terms are less than one year, the Company elected the practical expedient under Accounting Standards Codification (ASC) 606-10-32-18, and determined that its contracts do not have a significant financing component. The Company allocates the transaction price to each distinct product based on the relative standalone selling price. Revenue is recognized when control of the product is transferred to the customer, the customer is obligated to pay the Company, and the Company has no remaining obligations, which is typically at shipment. In certain locations, primarily outside the United States, product shipping terms may vary. Thus, in such locations, the point at which control of the product transfers to the customer and revenue recognition occurs will vary accordingly. Customer returns of non-conforming products are estimated at the time revenue is recognized. In certain customer relationships, volume rebates exist, which are recognized according to the terms and conditions of the contractual relationship. Customer returns, rebates, and discounts are not material to the Company’s consolidated financial statements. The Company has elected to recognize the revenue and cost for freight and shipping when control over the products has transferred to the customer. The Company has elected to immediately expense contract costs related to obtaining a contract as the amortization period of the asset the Company otherwise would have recognized would have been less than a year. In addition to evaluating the Company’s performance based on the segments above, revenue is also disaggregated and analyzed by product line and geographic market (See Note 12, Segment and Geographic Information, .
Cost of Products Sold	Cost of Products Sold Cost of products sold includes materials, labor, and overhead expenses incurred in the manufacture of our products. Cost of products sold also includes charges for obsolete and slow-moving inventories, as well as costs for quality control, purchasing and receiving costs, inspection costs, warehousing costs, internal transfer costs, other costs of our internal distribution network, and costs incurred for shipping and handling. The Company records fees billed to customers for shipping and handling as revenue.
Selling and Administrative Expenses	Selling and Administrative Expenses Selling and administrative expenses primarily include the salaries and related costs for executive, finance, accounting, human resources, information technology, research and development, and legal personnel as well as salaries and related costs of salespersons and commissions paid to external sales agents.
Cash Equivalents	Cash Equivalents The Company considers all highly liquid investments with original maturities of three months or less at the date of acquisition as cash equivalents.
Accounts Receivable	Accounts Receivable Receivables are recorded at their face amount, less an allowance for losses on doubtful accounts. The allowance for doubtful accounts is based on customer-specific analysis and general matters such as current assessments of past due balances and economic conditions. Specific accounts are written off against the allowance for doubtful accounts when it is deemed that the receivable is no longer collectible.
Inventories	Inventories Inventories are stated at the lower of cost or net realizable value. Net realizable value is determined on the basis of estimated realizable values. Cost is determined using the first-in, first-out (FIFO) method with the exception of certain locations of the Flavors & Extracts Group where cost is determined using a weighted average method. Inventories include finished and in-process products totaling $268.1 million and $313.1 million at December 31, 2020 and 2019, respectively, and raw materials and supplies of $113.2 million and $109.4 million at December 31, 2020 and 2019, respectively. The Company recorded a non-cash charge of $ million and $ million, in Cost of products sold related to the divested product lines in 2020 and 2019, respectively. The non-cash charge reduced the carrying value of certain inventories, as they were determined to be excess. See Note 14, Divestitures , for additional information.
Property, Plant, and Equipment	Property, Plant, and Equipment Property, plant, and equipment are recorded at cost reduced by accumulated depreciation. Depreciation is provided over the estimated useful life of the related asset using the straight-line method for financial reporting. The estimated useful lives for buildings and leasehold improvements range from 5 to 40 years. Machinery and equipment have estimated useful lives ranging from 3 to 20 years. Interest costs on significant projects constructed or developed for the Company’s own use are capitalized as part of the asset.
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets The carrying value of goodwill is evaluated for impairment on an annual basis or more frequently when an indicator of impairment occurs. The impairment assessment includes comparing the carrying amount of net assets, including goodwill, of each reporting unit to its respective fair value as of the date of the assessment. Fair value was estimated based upon an evaluation of the reporting unit’s estimated future discounted cash flows as well as the public trading and private transaction valuation multiples for comparable companies. The Company performed such a quantitative analysis in 2019, which indicated a substantial premium compared to the carrying value of net assets, including goodwill, at the reporting unit level. The Company met the assets held for sale criteria in the fourth quarter of 2019 for its inks and fragrances product lines (excluding the essential oils product line), resulting in $ million of goodwill being allocated to those disposal groups in 2019. In 2020, the fair value of the disposal groups decreased, which resulted in the previously allocated goodwill of $ million to be reallocated to its respective financial reporting units. See Note 4, Goodwill and Intangible Assets Divestitures , for additional information. The cost of intangible assets with determinable useful lives is amortized on a straight-line basis to reflect the pattern of economic benefits consumed, ranging from 5 to 20 years. These assets include technological know-how, customer relationships, patents, trademarks, and non-compete agreements, among others.
Impairment of Long-lived Assets	Impairment of Long-lived Assets The Company reviews long-lived assets for impairment whenever events or changes in business circumstances indicate that the carrying amount of the assets may not be fully recoverable. The Company performs undiscounted cash flow analyses to determine if potential impairment exists. If impairment is determined to exist, any related impairment loss is calculated based on the difference between fair value and carrying value. Impairment losses were recorded as a result of the Company’s divestiture of its inks product line and its anticipated divestiture of its fragrances product line (excluding its essential oils product line). See Note 14 , Divestitures , for additional information.
Derivative Financial Instruments	Derivative Financial Instruments The Company selectively uses derivative financial instruments to reduce market risk associated with changes in foreign currency and interest rate exposures which exist as part of ongoing business operations. All derivative transactions are authorized and executed pursuant to the Company’s risk management policies and procedures, which strictly prohibit the use of financial instruments for speculative trading purposes. The primary objectives of the foreign exchange risk management activities are to understand and mitigate the impact of potential foreign exchange fluctuations on the Company’s financial results and its economic well-being. Changes in the fair value of derivatives that are designated as fair value hedges, along with the gain or loss on the hedged item, are recorded in current period earnings. These risk management transactions may involve the use of foreign currency derivatives to protect against exposure resulting from recorded accounts receivable and payable. The Company may utilize forward exchange contracts, generally with maturities of less than 18 months, which qualify as cash flow hedges. Generally, these foreign exchange contracts are intended to offset the effect of exchange rate fluctuations on non-functional currency denominated sales and purchases. For derivative instruments that are designated as cash flow hedges, gains and losses are deferred in accumulated other comprehensive income (OCI) until the underlying transaction is recognized in earnings. For hedges designated as cash flow hedges, the Company elects critical terms that match at the onset of the hedge transaction. Hedge accounting is permitted only if the hedge meets the critical terms match requirements. The Company reviews the critical terms at each effectiveness testing date to ensure the respective terms match; therefore, achieving a highly effective hedge.
Interest Rate Hedging	Interest Rate Hedging The Company is exposed to interest rate risk through its corporate borrowing activities. The objective of the Company’s interest rate risk management activities is to manage the levels of the Company’s fixed and floating interest rate exposure to be consistent with the Company’s preferred mix. The interest rate risk management program may include entering into interest rate swaps, which qualify as fair value hedges, when there is a desire to modify the Company’s exposure to interest rates. Gains or losses on fair value hedges are recognized in earnings, net of gains and losses on the fair value of the hedged instruments.
Net Investments Hedging	Net Investments Hedging The Company is exposed to risk related to its net investments in foreign subsidiaries. As part of its risk management activities, the Company may enter into foreign-denominated debt to be used as a non-derivative instrument to hedge the Company’s net investment in foreign subsidiaries. The change in the fair value of debt designated as a net investment hedge is recorded in foreign currency translation in OCI.
Commodity Purchases	Commodity Purchases The Company purchases certain commodities in the normal course of business that result in physical delivery of the goods and, hence, are excluded from ASC 815, Derivatives and Hedging
Translation of Foreign Currencies	Translation of Foreign Currencies For all significant foreign operations, the functional currency is the local currency. Assets and liabilities of foreign operations are translated into U.S. dollars at current exchange rates. Revenue and expense accounts are translated into U.S. dollars at average exchange rates prevailing during the year. Adjustments resulting from the translation of foreign accounts into U.S. dollars are recorded in foreign currency translation in OCI. Transaction gains and losses that occur as a result of transactions denominated in non-functional currencies are included in earnings and were not significant during the years ended December 31, 2020, 2019, and 2018.
Share-Based Compensation	Share-Based Compensation Share-based compensation expense is recognized over the vesting period of each award based on the fair value of the instrument at the time of grant as summarized in Note 8, Share-Based Compensation.
Income Taxes	Income Taxes The Company recognizes a current tax liability or asset for the estimated taxes payable or refundable on tax returns for the current year and a deferred tax liability or asset for the estimated future tax effects attributable to temporary differences and carryforwards. The measurement of current and deferred tax liabilities and assets is based on provisions of enacted tax law. Deferred tax assets are reduced, if necessary, by the amount of any tax benefits for which the utilization of the asset is not considered likely.
Earnings Per Share	Earnings Per Share The difference between basic and diluted earnings per share (EPS) is the dilutive effect of stock options and non-vested stock. Diluted EPS assumes that non-vested stock has vested and all dilutive stock options, for which the average market price exceeds the exercise price (in-the-money), are exercised. Stock options for which the exercise price exceeds the average market price (out-of-the-money) have an anti-dilutive effect on EPS, and accordingly, are excluded from the calculation. The following table sets forth the computation of basic and diluted EPS for the years ended December 31: Years Ended December 31, (In thousands except per share amounts) 2020 2019 2018 Numerator: Net earnings $ 109,472 $ 82,047 $ 157,360 Denominator: Denominator for basic EPS - weighted average common shares 42,301 42,263 42,404 Effect of dilutive securities 45 31 95 Denominator for diluted EPS - diluted weighted average shares outstanding 42,346 42,294 42,499 Earnings per Common Share Basic $ 2.59 $ 1.94 $ 3.71 Diluted $ 2.59 $ 1.94 $ 3.70 The Company has a share-based compensation plan under which employees may be granted share-based awards in which non-forfeitable dividends are paid on non-vested shares for certain awards. As such, these shares are considered participating securities under the two-class method of calculating EPS as described in ASC 260, Earnings per Share. In 2020, 2019, and 2018, there were no anti-dilutive stock options. All EPS amounts are presented on a diluted basis unless otherwise noted.
Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss) Accumulated OCI is composed primarily of foreign currency translation, pension liability, and unrealized gains or losses on cash flow hedges. See Note 10, Accumulated Other Comprehensive Income,
Research and Development	Research and Development Research and development costs are recorded in S elling and Administrative Expenses in the year they are incurred. Research and development costs were $ million, $ million, and $ million, during the years ended December 31, 2020, 2019, and 2018, respectively.
Advertising	Advertising Advertising costs are recorded in Selling and Administrative Expenses as they are incurred. Advertising costs were $ million, $ million, and $ million, during the years ended December 31, 2020, 2019, and 2018, respectively.
Environmental Liabilities	Environmental Liabilities The Company records liabilities related to environmental remediation obligations when estimated future expenditures are probable and reasonably estimable. Such accruals are adjusted as further information becomes available or as circumstances change. Estimated future expenditures are discounted to their present value when the timing and amount of future cash flows are fixed and readily determinable. Recoveries of remediation costs from other parties, if any, are recognized as assets when their receipt is realizable.
Subsequent Events	Subsequent Events The Company performed an evaluation of subsequent events through the date these financial statements were issued. See Note 17, Subsequent Event
Recently Adopted/Issued Accounting Pronouncements	Recently Adopted Accounting Pronouncements In June 2016, the Financial Accounting Standards Board (FASB) issued ASU No. 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments Trade Accounts Receivable Earnings Reinvested in the Business In January 2017, the FASB issued ASU No. 2017-04 , Intangibles-Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment In August 2018, the FASB issued ASU No. 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework—Changes to the Disclosure Requirements for Fair Value Measurement In August 2018, the FASB issued ASU No. 2018-14, Disclosure Framework – Changes to the Disclosure Requirements for Defined Benefit Plans Subtopic 715-20 , which amends ASC 715-20, Compensation – Retirement Benefits – Defined Benefit Plans – General . This standard modifies the disclosure requirements for employers that sponsor defined benefit pension or other postretirement plans by removing and adding certain disclosures for these plans. Recently Issued Accounting Pronouncements In March 2020, the FASB issued ASU No. 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting Other recently issued accounting pronouncements are not expected to have a material impact on the Company's consolidated financial statements.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2020
Summary of Significant Accounting Policies [Abstract]
Weighted-Average Common Shares for the Computation of EPS	The following table sets forth the computation of basic and diluted EPS for the years ended December 31: Years Ended December 31, (In thousands except per share amounts) 2020 2019 2018 Numerator: Net earnings $ 109,472 $ 82,047 $ 157,360 Denominator: Denominator for basic EPS - weighted average common shares 42,301 42,263 42,404 Effect of dilutive securities 45 31 95 Denominator for diluted EPS - diluted weighted average shares outstanding 42,346 42,294 42,499 Earnings per Common Share Basic $ 2.59 $ 1.94 $ 3.71 Diluted $ 2.59 $ 1.94 $ 3.70

Trade Accounts Receivable (Tabl

Trade Accounts Receivable (Tables)	12 Months Ended
	Dec. 31, 2020
Trade Accounts Receivable [Abstract]
Changes in Allowance for Doubtful Accounts	The following table summarizes the changes in the allowance for doubtful accounts during the year ended December 31, 2020: (In thousands) Allowance for Doubtful Accounts Balance at December 31, 2019 $ 6,913 Adoption of ASU 2016-13 853 Provision for expected credit losses 565 Accounts written off (1,590 ) Divestitures (2,174 ) Translation and other activity (676 ) Balance at December 31, 2020 $ 3,891

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2020
Goodwill and Intangible Assets [Abstract]
Intangible Assets	At December 31, 2020 and 2019, goodwill is the only intangible asset that is not subject to amortization. The following table summarizes intangible assets with determinable useful lives by major category as of December 31, 2020 and 2019: 2020 2019 (In thousands except weighted average amortization years) Weighted Average Amortization Years Cost Accumulated Amortization Cost Accumulated Amortization Technological know-how 17.8 $ 7,570 $ (1,787 ) $ 7,570 $ (1,391 ) Customer relationships 13.4 3,401 (1,898 ) 3,474 (1,653 ) Patents, trademarks, non-compete agreements, and other 15.2 10,925 (7,281 ) 10,496 (6,694 ) Total finite-lived intangibles 15.8 $ 21,896 $ (10,966 ) $ 21,540 $ (9,738 )
Changes in Goodwill by Business Segment	The changes in goodwill for the years ended December 31, 2020 and 2019, by reportable business segment, were as follows: (In thousands) Flavors & Extracts Color Asia Pacific Consolidated Balance as of December 31, 2018 $ 112,086 $ 298,908 $ 5,181 $ 416,175 Currency translation impact (184 ) (641 ) 77 (748 ) Goodwill related to divestitures (1) (3,754 ) (4,631 ) - (8,385 ) Balance as of December 31, 2019 $ 108,148 $ 293,636 $ 5,258 $ 407,042 Currency translation impact 3,565 10,086 399 14,050 Goodwill related to divestitures (2) 657 1,541 - 2,198 Balance as of December 31, 2020 $ 112,370 $ 305,263 $ 5,657 $ 423,290 (1) In the fourth quarter of 2019, the Company met all of the assets held for sale criteria related to the divestitures of its inks product line and fragrances product line (excluding its essential oils product line). Goodwill of $ million was allocated to those disposal groups and was determined to be fully impaired based on the estimated fair value of each of the disposal groups. See Note 14, Divestitures , for additional information. (2) In 2020, the fair value of the disposal groups decreased, which resulted in the previously allocated goodwill of $ million to be reallocated to its respective financial reporting units. See Note 14, Divestitures , for additional information.

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2020
Leases [Abstract]
Maturities of Operating Lease Liabilities	As of December maturities of operating lease liabilities for future annual periods are as follows: (In s) Year ending December 2021 $ 6,861 2022 4,762 2023 3,436 2024 2,500 2025 1,945 Thereafter 7,850 Total lease payments 27,354 Less imputed interest (3,806 ) Present value of lease liabilities $ 23,548

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2020
Debt [Abstract]
Long-Term Debt	Long-term debt consisted of the following unsecured obligations at December 31: (In thousands) 2020 2019 3.66% senior notes due November 2023 $ 75,000 $ 75,000 3.65% senior notes due May 2024 27,000 27,000 4.19% senior notes due November 2025 25,000 25,000 1.85% Euro-denominated senior notes due November 2022 81,672 74,968 3.06% Euro-denominated senior notes due November 2023 46,722 42,887 1.27% Euro-denominated senior notes due May 2024 61,080 56,066 1.71% Euro-denominated senior notes due May 2027 48,864 44,853 2.53% British Pound-denominated notes due November 2023 34,176 33,143 2.76% British Pound-denominated notes due November 2025 34,176 33,143 Term loan 8,375 51,438 Revolving Credit Facilities 83,324 134,393 Various other notes 1,647 783 Total debt 527,036 598,674 Less debt fees (143 ) (175 ) Less current portion (8,889 ) - Total long-term debt $ 518,004 $ 598,499
Contractual Maturities on Long-Term Debt	The aggregate amounts of contractual maturities on long-term debt subsequent to December 31, 2020, are as follows: (In s) Year ending December 2021 $ 73,892 2022 100,481 2023 156,414 2024 88,210 2025 59,176 Thereafter 48,863 Total long-term debt maturities $ 527,036
Restrictive Loan Covenants	Substantially all of the senior financing obligations contain restrictions concerning interest coverage, borrowings, and investments. The Company is in compliance with all of these restrictions at December 31, 2020. The following table summarizes the Company’s most restrictive loan covenants calculated in accordance with the applicable agreements as of December 31, 2020: Actual Required Debt to EBITDA (1) 2.40 <3.50 Interest Coverage (Minimum) 6.61 >2.00 (1) Debt to EBITDA is defined in the Company’s debt covenants as total funded debt divided by the Company’s consolidated operating income excluding non-operating gains and losses and depreciation and amortization
Short-Term Borrowings	The Company’s short-term borrowings consisted of the following items at December 31: (In thousands) 2020 2019 U.S. credit facilities $ 138 $ 20,280 Current maturities of long-term debt 8,889 - Loans of foreign subsidiaries 220 332 Total $ 9,247 $ 20,612

Share-Based Compensation (Table

Share-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2020
Share-Based Compensation [Abstract]
Non-vested Stock and Performance Unit Activity	The following table summarizes the non-vested stock and performance stock unit activity: (In thousands except fair value) Shares Grant Date Weighted Average Fair Value Aggregate Intrinsic Value Outstanding at December 31, 2017 412 $ 65.64 $ 30,113 Granted 142 59.45 Vested (111 ) 56.91 Cancelled (63 ) 64.71 Outstanding at December 31, 2018 380 66.02 21,239 Granted 134 60.04 Vested (46 ) 63.61 Cancelled (64 ) 62.39 Outstanding at December 31, 2019 404 64.89 26,710 Granted 142 65.61 Vested (27 ) 74.21 Cancelled (68 ) 73.39 Outstanding at December 31, 2020 451 $ 63.28 $ 33,283

Retirement Plans (Tables)

Retirement Plans (Tables)	12 Months Ended
	Dec. 31, 2020
Retirement Plans [Abstract]
Funded Status of Defined Benefit Plan	Although the Company intends for these defined contribution plans to be the primary retirement benefit for most employees, the Company also has several defined benefit plans. The funded status of the defined benefit plans was as follows at December 31: (In thousands) 2020 2019 Benefit obligation at beginning of year $ 39,421 $ 34,152 Service cost 1,601 1,432 Interest cost 1,022 1,273 Foreign currency exchange rate changes 690 558 Benefits paid (1,948 ) (1,899 ) Amendments 42 - Actuarial loss 4,803 3,905 Benefit obligation at end of year 45,631 39,421 Plan assets at beginning of year 31,776 28,299 Company contributions 1,117 1,086 Foreign currency exchange rate changes 882 968 Benefits paid (1,948 ) (1,899 ) Actual gain on plan assets 3,849 3,322 Plan assets at end of year 35,676 31,776 Funded status $ (9,955 ) $ (7,645 ) Accumulated benefit obligation $ 44,559 $ 38,596
Amounts Recognized in Consolidated Balance Sheets	Amounts recognized in the Consolidated Balance Sheets at December 31: (In thousands) 2020 2019 Accrued employee and retiree benefits $ (19,349 ) $ (17,143 ) Other accrued expenses (722 ) (710 ) Other assets 10,116 10,208 Net liability $ (9,955 ) $ (7,645 )
Annual Benefit Cost	Components of annual benefit cost: (In thousands) 2020 2019 2018 Service cost $ 1,601 $ 1,432 $ 1,465 Interest cost 1,022 1,273 1,137 Expected return on plan assets (813 ) (896 ) (896 ) Recognized actuarial loss (gain) 41 (176 ) (141 ) Settlement income - - (179 ) Defined benefit expense $ 1,851 $ 1,633 $ 1,386
Weighted Average Assumptions	Weighted average liability assumptions as of December 31: 2020 2019 Discount rate 1.87 % 2.69 % Expected return on plan assets 2.17 % 2.68 % Rate of compensation increase 0.34 % 0.34 % Weighted average cost assumptions for the year ended December 31: 2020 2019 2018 Discount rate 2.69 % 3.80 % 3.16 % Expected return on plan assets 2.68 % 3.21 % 3.03 % Rate of compensation increase 0.34 % 0.31 % 0.33 %
Amounts Recognized in Accumulated Other Comprehensive Loss	Amounts in accumulated other comprehensive loss at December 31 were as follows: (In thousands) 2020 2019 Unrecognized net actuarial loss $ 2,402 $ 683 Prior service cost 187 146 Total before tax effects $ 2,589 $ 829
Pension Adjustments Recognized in Accumulated Other Comprehensive Income	The pension adjustments, net of tax, recognized in OCI, were as follows: (In thousands) 2020 2019 2018 Net actuarial (loss) gain arising during the period $ (1,293 ) $ (1,091 ) $ 1,257 Prior service cost (32 ) - (127 ) Amortization of actuarial loss (gain), included in defined benefit expense 32 (130 ) (103 ) Pension adjustment, net of tax $ (1,293 ) $ (1,221 ) $ 1,027
Pension Plan Assets by Asset Category	The following table presents the Company’s pension plan assets by asset category as of December 31, 2020 and 2019: Fair Value as of December 31, Fair Value Measurements at December 31, 2020 Using Fair Value Hierarchy Fair Value as of December 31, Fair Value Measurements at December 31, 2019 Using Fair Value Hierarchy (In thousands) 2020 Level 1 Level 2 Level 3 2019 Level 1 Level 2 Level 3 Equity Funds Domestic $ 6,565 $ 6,565 $ - $ - $ 6,003 $ 6,003 $ - $ - International 97 - 97 - 104 - 104 - International Fixed Income Funds 28,911 1,190 27,721 - 25,556 1,269 24,287 - Other investments 103 76 27 - 113 79 34 - Total assets at fair value $ 35,676 $ 7,831 $ 27,845 $ - $ 31,776 $ 7,351 $ 24,425 $ -

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Tables)	12 Months Ended
	Dec. 31, 2020
Accumulated Other Comprehensive Income [Abstract]
Changes in OCI	The following table summarizes the changes in OCI for 2020, 2019, and 2018: (In thousands) Cash Flow Hedges (1) Pension Items (1) Foreign Currency Items Total Balance as of December 31, 2017 $ (669 ) $ (309 ) $ (148,356 ) $ (149,334 ) Other comprehensive income (loss) before reclassifications 667 1,130 (16,675 ) (14,878 ) Amounts reclassified from OCI 149 (103 ) - 46 Adoption of ASU 2018-02 - (169 ) (1,220 ) (1,389 ) Balance as of December 31, 2018 $ 147 $ 549 $ (166,251 ) $ (165,555 ) Other comprehensive income (loss) before reclassifications (111 ) (1,091 ) 4,114 2,912 Amounts reclassified from OCI (235 ) (130 ) - (365 ) Balance as of December 31, 2019 $ (199 ) $ (672 ) $ (162,137 ) $ (163,008 ) Other comprehensive income (loss) before reclassifications (374 ) (1,325 ) 12,887 11,188 Amounts reclassified from OCI 1,322 32 (8,625 ) (7,271 ) Balance as of December 31, 2020 $ 749 $ (1,965 ) $ (157,875 ) $ (159,091 ) (1) Cash Flow Hedges and Pension Items are net of tax.

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2020
Income Taxes [Abstract]
Earnings Before Income Taxes	Earnings before income taxes were as follows: (In thousands) 2020 2019 2018 United States $ 72,593 $ 38,356 $ 80,641 Foreign 65,252 62,647 100,884 Total $ 137,845 $ 101,003 $ 181,525
Provision for Income Taxes	The provision for income taxes was as follows: (In thousands) 2020 2019 2018 Current income tax expense (benefit): Federal (1) $ 9,660 $ 12,994 $ (9,071 ) State 3,000 2,622 205 Foreign 24,418 22,680 23,187 37,078 38,296 14,321 Deferred expense (benefit): Federal (6,918 ) (17,246 ) 3,977 State (565 ) 18 3,164 Foreign (1,222 ) (2,112 ) 2,703 (8,705 ) (19,340 ) 9,844 Income taxes $ 28,373 $ 18,956 $ 24,165 (1) In 2018, this amount includes $ 3.9 million of income tax benefit related to a reduction in the 2017 estimate of the one-time transition tax on earnings of foreign subsidiaries enacted by the 2017 Tax Legislation (see discussion below).
Effective Income Tax Rate Reconciliation	The reconciliation between the U.S. Federal tax rate and the actual effective tax rate was as follows 2020 2019 2018 Taxes at statutory rate 21.0 % 21.0 % 21.0 % State income taxes, net of federal income tax benefit 2.2 2.2 1.1 Tax credits (1.5 ) (2.6 ) (1.5 ) Taxes on foreign earnings 2.8 5.1 (0.4 ) Global Intangible Low-Taxed Income 0.1 0.9 0.6 Foreign Derived Tangible Income (1.1 ) (1.0 ) (0.6 ) Loss on balance sheet hedge 2.0 - - Resolution of prior years’ tax matters (0.1 ) (0.4 ) (0.3 ) Valuation allowance adjustments (3.7 ) (8.8 ) 0.4 2017 Tax Legislation - - (3.7 ) U.S. tax accounting method changes - - (2.9 ) Other, net (1.1 ) 2.4 (0.4 ) Effective tax rate 20.6 % 18.8 % 13.3 %
Tax Effects of Temporary Differences - Deferred Tax Assets and Liabilities	The tax effects of temporary differences that give rise to significant portions of deferred tax assets and liabilities consisted of the following: (In thousands) 2020 2019 Deferred tax assets: Benefit plans $ 7,665 $ 6,293 Liabilities and reserves 19,291 21,085 Operating loss and credit carryovers (1) 77,756 82,000 Other 13,228 1,126 Gross deferred tax assets 117,940 110,504 Valuation allowance (1) (47,813 ) (54,326 ) Deferred tax assets 70,127 56,178 Deferred tax liabilities: Property, plant, and equipment (31,709 ) (29,869 ) Goodwill (22,012 ) (21,744 ) Other - (5,192 ) Deferred tax liabilities (53,721 ) (56,805 ) Net deferred tax assets (liabilities) $ 16,406 $ (627 ) (1) In the first quarter of 2019, the Company recognized an increase in its foreign tax credit carryover and corresponding valuation allowance of $ 16.2 million , related to the finalization of certain tax regulations .
Reconciliation of Change in Liability for Unrecognized Tax Benefits	A reconciliation of the change in the liability for unrecognized tax benefits for 2020 and 2019 is as follows: (In thousands) 2020 2019 Balance at beginning of year $ 6,032 $ 6,026 Increases for tax positions taken in the current year 805 750 Increases for tax positions taken in prior years 1,267 199 Decreases related to settlements with tax authorities (386 ) (341 ) Decreases as a result of lapse of the applicable statutes of limitations (625 ) (591 ) Foreign currency exchange rate changes 352 (11 ) Balance at the end of year $ 7,445 $ 6,032

Segment and Geographic Inform_2

Segment and Geographic Information (Tables)	12 Months Ended
	Dec. 31, 2020
Segment and Geographic Information [Abstract]
Segment Information	Divestiture & other related costs and restructuring and other costs, including the operational improvement plan costs, for the years ended December and , are further described in Note Divestitures, and Note Operational Improvement Plan, and are included in the operating income (loss) results in Corporate & Other below. There were divestiture & other related costs, restructuring and other costs, or operational improvement plan costs in In addition, the Company’s corporate expenses and share-based compensation are included in Corporate & Other. (In thousands) Flavors & Extracts Color Asia Pacific Corporate & Other Consolidated 2020 : Revenue from external customers $ 724,483 $ 486,536 $ 120,982 $ - $ 1,332,001 Intersegment revenue 17,552 14,482 245 - 32,279 Total revenue 742,035 501,018 121,227 - 1,364,280 Operating income (loss) 90,974 96,034 22,075 (56,427 ) 152,656 Interest expense - - - 14,811 14,811 Earnings (loss) before income taxes 90,974 96,034 22,075 (71,238 ) 137,845 Assets 686,348 718,665 100,258 235,589 1,740,860 Capital expenditures 24,541 19,840 2,687 5,094 52,162 Depreciation and amortization 24,801 19,368 2,578 2,894 49,641 2019 : Revenue from external customers $ 682,705 $ 522,051 $ 118,178 $ - $ 1,322,934 Intersegment revenue 17,651 13,108 70 - 30,829 Total revenue 700,356 535,159 118,248 - 1,353,763 Operating income (loss) 74,961 101,190 19,382 (74,423 ) 121,110 Interest expense - - - 20,107 20,107 Earnings (loss) before income taxes 74,961 101,190 19,382 (94,530 ) 101,003 Assets 714,779 734,343 99,183 191,846 1,740,151 Capital expenditures 16,968 16,521 2,545 3,066 39,100 Depreciation and amortization 27,179 22,088 2,581 3,167 55,015 2018 : Revenue from external customers $ 723,189 $ 540,499 $ 123,127 $ - $ 1,386,815 Intersegment revenue 23,743 13,505 37 - 37,285 Total revenue 746,932 554,004 123,164 - 1,424,100 Operating income (loss) 96,433 113,306 20,856 (27,217 ) 203,378 Interest expense - - - 21,853 21,853 Earnings (loss) before income taxes 96,433 113,306 20,856 (49,070 ) 181,525 Assets 782,145 752,305 103,808 186,682 1,824,940 Capital expenditures 23,679 21,744 2,858 2,459 50,740 Depreciation and amortization 25,922 21,931 2,451 2,940 53,244
Geographical Information	The Company’s annual revenue summarized by geographic location is as follows: (In thousands) Flavors & Extracts Color Asia Pacific Corporate & Other Consolidated 2020 : Revenue from external customers: North America $ 491,641 $ 241,608 $ 81 $ - $ 733,330 Europe 160,083 129,704 193 - 289,980 Asia Pacific 30,080 52,414 117,427 - 199,921 Other 42,679 62,810 3,281 - 108,770 Total revenue from external customers $ 724,483 $ 486,536 $ 120,982 $ - $ 1,332,001 Long-lived assets: North America $ 244,921 $ 252,906 $ - $ 102,577 $ 600,404 Europe 112,424 226,840 - - 339,264 Asia Pacific 204 4,670 31,834 - 36,708 Other 782 22,116 - - 22,898 Total long-lived assets $ 358,331 $ 506,532 $ 31,834 $ 102,577 $ 999,274 2019 : Revenue from external customers: North America $ 448,393 $ 251,593 $ 112 $ - $ 700,098 Europe 158,902 148,393 336 - 307,631 Asia Pacific 32,203 57,268 116,508 - 205,979 Other 43,207 64,797 1,222 - 109,226 Total revenue from external customers $ 682,705 $ 522,051 $ 118,178 $ - $ 1,322,934 Long-lived assets: North America $ 251,822 $ 220,723 $ - $ 80,128 $ 552,673 Europe 102,631 242,311 - - 344,942 Asia Pacific 1,017 3,758 31,007 - 35,782 Other 504 18,037 - - 18,541 Total long-lived assets $ 355,974 $ 484,829 $ 31,007 $ 80,128 $ 951,938 2018 : Revenue from external customers: North America $ 477,083 $ 245,649 $ - $ - $ 722,732 Europe 173,562 168,340 155 - 342,057 Asia Pacific 31,506 59,548 121,975 - 213,029 Other 41,038 66,962 997 - 108,997 Total revenue from external customers $ 723,189 $ 540,499 $ 123,127 $ - $ 1,386,815 Long-lived assets: North America $ 255,131 $ 230,187 $ - $ 76,996 $ 562,314 Europe 125,157 265,688 - - 390,845 Asia Pacific 1,061 3,319 27,872 - 32,252 Other 277 16,387 - - 16,664 Total long-lived assets $ 381,626 $ 515,581 $ 27,872 $ 76,996 $ 1,002,075
Product Information	The Company’s revenue summarized by product portfolio is as follows: (In thousands) Flavors & Extracts Color Asia Pacific Consolidated 2020 : Flavors, Extracts & Flavor Ingredients $ 399,331 $ - $ - $ 399,331 Natural Ingredients 243,161 - - 243,161 Fragrances 85,354 - - 85,354 Yogurt Fruit Preparations 14,189 - - 14,189 Food & Pharmaceutical Colors - 346,269 - 346,269 Personal Care - 141,331 - 141,331 Inks - 13,418 - 13,418 Asia Pacific - - 121,227 121,227 Intersegment Revenue (17,552 ) (14,482 ) (245 ) (32,279 ) Total revenue from external customers $ 724,483 $ 486,536 $ 120,982 $ 1,332,001 2019 : Flavors, Extracts & Flavor Ingredients $ 378,967 $ - $ - $ 378,967 Natural Ingredients 214,027 - - 214,027 Fragrances 86,399 - - 86,399 Yogurt Fruit Preparations 20,963 - - 20,963 Food & Pharmaceutical Colors - 340,327 - 340,327 Personal Care - 159,640 - 159,640 Inks - 35,192 - 35,192 Asia Pacific - - 118,248 118,248 Intersegment Revenue (17,651 ) (13,108 ) (70 ) (30,829 ) Total revenue from external customers $ 682,705 $ 522,051 $ 118,178 $ 1,322,934 2018 : Flavors, Extracts & Flavor Ingredients $ 403,762 $ - $ - $ 403,762 Natural Ingredients 224,280 - - 224,280 Fragrances 91,786 - - 91,786 Yogurt Fruit Preparations 27,104 - - 27,104 Food & Pharmaceutical Colors - 332,878 - 332,878 Personal Care - 179,485 - 179,485 Inks - 41,641 - 41,641 Asia Pacific - - 123,164 123,164 Intersegment Revenue (23,743 ) (13,505 ) (37 ) (37,285 ) Total revenue from external customers $ 723,189 $ 540,499 $ 123,127 $ 1,386,815

Divestitures (Tables)

Divestitures (Tables)	12 Months Ended
	Dec. 31, 2020
Divestitures [Abstract]
Assets and Liabilities Held for Sale	The assets and liabilities related to the inks and fragrances (excluding its essential oils product line) product lines are recorded in Assets held for sale Liabilities held for sale (In thousands) 2020 2019 Assets held for sale: Trade accounts receivable, less allowance for losses of $456 and $2,350, respectively $ 20,722 $ 31,653 Inventories 25,045 34,612 Prepaid expenses and other current assets 1,843 5,528 Property, Plant, and Equipment, net 3,434 14,496 Intangible assets 1,716 5,004 Assets held for sale $ 52,760 $ 91,293 Liabilities held for sale: Trade accounts payable $ 13,967 $ 12,318 Accrued salaries, wages, and withholdings from employees 1,739 1,677 Other accrued expenses 1,633 5,190 Liabilities held for sale $ 17,339 $ 19,185
Divestiture and Other Related Costs	The Company reports all costs associated with the divestitures in Corporate & Other. The following table summarizes the divestiture & other related costs for the year ended December 31, 2020: (In thousands) Yogurt Fruit Preparations Fragrances Inks Corporate/ Other Consolidated Non-cash impairment charges – Selling and administrative expenses $ 2,597 $ 2,055 $ 8,928 $ (861 ) $ 12,719 Non-cash charges – Cost of products sold 1,679 77 (203 ) 242 1,795 Reclassification of foreign currency translation and related items – Selling and administrative expenses - - (8,625 ) - (8,625 ) Other costs - Selling and administrative expenses (1) 337 3,029 892 2,008 6,266 Total $ 4,613 $ 5,161 $ 992 $ 1,389 $ 12,155 (1) Other costs – Selling and administrative expenses include employee separation costs, professional services, accelerated depreciation, and other related costs. The Company reports all costs associated with the divestitures in Corporate & Other. The following table summarizes the divestiture & other related costs for the year ended December 31, 2019: (In thousands) Yogurt Fruit Preparations Fragrances Inks Corporate/ Other Consolidated Non-cash impairment charges – Selling and administrative expenses $ - $ 18,204 $ 15,849 $ 555 $ 34,608 Non-cash charges – Cost of products sold 9,767 - - - 9,767 Other costs - Selling and administrative expenses (1) - 305 26 374 705 Other costs – Cost of products sold (2) 800 - - - 800 Total $ 10,567 $ 18,509 $ 15,875 $ 929 $ 45,880 (1) Other costs – Selling and administrative expenses include employee separation costs, professional services, and other related costs. (2) Other costs – Cost of product sold include inventory disposal costs and other related costs.

Operational Improvement Plan (T

Operational Improvement Plan (Tables)	12 Months Ended
	Dec. 31, 2020
Operational Improvement Plan [Abstract]
Operational Improvement Plan Costs by Segment	The following table summarizes the Operational Improvement Plan expenses by segment for the year ended December 31, 2020: (In thousands) Flavors & Extracts Color Asia Pacific Consolidated Employee separation $ 352 $ 1,749 $ 589 $ 2,690 Other costs (1) - 640 9 649 Total $ 352 $ 2,389 $ 598 $ 3,339 (1) Other costs include professional services, accelerated depreciation, and other related costs. The Company recorded the Operational Improvement Plan expenses for the year ended December 31, 2020, as follows: (In thousands) Selling and Administrative Expenses Cost of Products Sold Consolidated Employee separation $ 2,690 $ - $ 2,690 Other costs (1) 614 35 649 Total $ 3,304 $ 35 $ 3,339 (1) Other costs include professional services, accelerated depreciation, and other related costs.

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details) $ / shares in Units, $ in Thousands		12 Months Ended
		Dec. 31, 2020USD ($)Segment$ / sharesshares	Dec. 31, 2019USD ($)$ / sharesshares	Dec. 31, 2018USD ($)$ / sharesshares
Nature of Operations [Abstract]
Number of reportable segments | Segment		3
Inventories [Abstract]
Inventories include finished and in-process products		$ 268,100	$ 313,100
Raw materials and supplies		113,200	109,400
Non-cash impairment charges		1,800	9,800
Intangible assets [Abstract]
Impairment charge		0	0	$ 0
Goodwill related to divestitures	[1]		(8,385)
Goodwill related to divestitures	[2]	2,198
Numerator [Abstract]
Net earnings		$ 109,472	$ 82,047	$ 157,360
Denominator [Abstract]
Denominator for basic EPS - weighted average common shares (in shares) | shares		42,301,000	42,263,000	42,404,000
Effect of dilutive securities (in shares) | shares		45,000	31,000	95,000
Denominator for diluted EPS - diluted weighted average shares outstanding (in shares) | shares		42,346,000	42,294,000	42,499,000
Earnings per Common Share [Abstract]
Basic (in dollars per share) | $ / shares		$ 2.59	$ 1.94	$ 3.71
Diluted (in dollars per share) | $ / shares		$ 2.59	$ 1.94	$ 3.70
Number of antidilutive shares excluded from the diluted EPS calculation (in shares) | shares		0	0	0
Research and Development [Abstract]
Research and development costs		$ 38,500	$ 40,100	$ 43,000
Advertising [Abstract]
Advertising costs		2,000	2,200	$ 2,500
Recently Adopted/Issued Accounting Pronouncements [Abstract]
Allowance for losses on trade accounts receivable		$ 3,891	6,913
Minimum [Member]
Intangible assets [Abstract]
Useful lives of intangible assets		5 years
Maximum [Member]
Intangible assets [Abstract]
Useful lives of intangible assets		20 years
Derivative Financial Instruments [Abstract]
Number of months for contracts to mature		18 months
Building and Leasehold Improvements [Member] | Minimum [Member]
Property, Plant, and Equipment [Abstract]
Estimated useful lives		5 years
Building and Leasehold Improvements [Member] | Maximum [Member]
Property, Plant, and Equipment [Abstract]
Estimated useful lives		40 years
Machinery and Equipment [Member] | Minimum [Member]
Property, Plant, and Equipment [Abstract]
Estimated useful lives		3 years
Machinery and Equipment [Member] | Maximum [Member]
Property, Plant, and Equipment [Abstract]
Estimated useful lives		20 years
Difference between Revenue Guidance in Effect before and after Topic 606 [Member] | ASU 2016-13 [Member]
Recently Adopted/Issued Accounting Pronouncements [Abstract]
Allowance for losses on trade accounts receivable			$ 900
Forward Exchange Contracts [Member] | Maximum [Member]
Derivative Financial Instruments [Abstract]
Number of months for contracts to mature		18 months
[1]	In the fourth quarter of 2019, the Company met all of the assets held for sale criteria related to the divestitures of its inks product line and fragrances product line (excluding its essential oils product line). Goodwill of $8.4 million was allocated to those disposal groups and was determined to be fully impaired based on the estimated fair value of each of the disposal groups. See Note 14, Divestitures, for additional information.
[2]	In 2020, the fair value of the disposal groups decreased, which resulted in the previously allocated goodwill of $2.2 million to be reallocated to its respective financial reporting units. See Note 14, Divestitures, for additional information.

Acquisitions (Details)

Acquisitions (Details) - USD ($) $ in Thousands	Jul. 10, 2018	Mar. 09, 2018	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Acquisition [Abstract]
Acquisition of new business			$ 0	$ 0	$ (31,100)
Goodwill			$ 423,290	$ 407,042	$ 416,175
Globe Natural [Member]
Acquisition [Abstract]
Acquisition of new business		$ (10,800)
Net assets acquired		1,400
Goodwill		7,400
Globe Natural [Member] | Customer Relationships [Member]
Acquisition [Abstract]
Intangibles assets acquired		$ 2,000
Mazza Innovation Limited [Member]
Acquisition [Abstract]
Acquisition of new business	$ (19,800)
Net assets acquired	4,000
Goodwill	8,900
Mazza Innovation Limited [Member] | Technological Know-how [Member]
Acquisition [Abstract]
Intangibles assets acquired	$ 6,900

Trade Accounts Receivable (Deta

Trade Accounts Receivable (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2020USD ($)Segment
Trade Accounts Receivable [Abstract]
Number of portfolio segments | Segment	1
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	$ 6,913
Provision for expected credit losses	565
Accounts written off	(1,590)
Divestitures	(2,174)
Translation and other activity	(676)
Ending balance	3,891
ASU 2016-13 [Member]
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Adoption of ASU 2016-13	$ 853

Goodwill and Intangible Assets,

Goodwill and Intangible Assets, Intangible Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Intangible assets [Abstract]
Cost	$ 21,896	$ 21,540
Accumulated Amortization	(10,966)	(9,738)
Intangible assets	10,930	11,802
Intangible assets expense [Abstract]
Amortization expense of intangible assets	1,500	2,900	$ 2,300
Estimated Amortization Expense [Abstract]
2021	1,500
2022	1,500
2023	1,300
2024	1,100
2025	1,100
Held-for-sale [Member]
Intangible assets [Abstract]
Cost	2,100	18,800
Accumulated Amortization	400	13,800
Intangible assets	$ 1,700	5,000
Weighted Average [Member]
Intangible assets [Abstract]
Weighted Average Amortization Years	15 years 9 months 18 days
Technological Know-how [Member]
Intangible assets [Abstract]
Cost	$ 7,570	7,570
Accumulated Amortization	$ (1,787)	(1,391)
Technological Know-how [Member] | Weighted Average [Member]
Intangible assets [Abstract]
Weighted Average Amortization Years	17 years 9 months 18 days
Customer Relationships [Member]
Intangible assets [Abstract]
Cost	$ 3,401	3,474
Accumulated Amortization	$ (1,898)	(1,653)
Customer Relationships [Member] | Weighted Average [Member]
Intangible assets [Abstract]
Weighted Average Amortization Years	13 years 4 months 24 days
Patents, Trademarks, Non-compete Agreements and Other [Member]
Intangible assets [Abstract]
Cost	$ 10,925	10,496
Accumulated Amortization	$ (7,281)	$ (6,694)
Patents, Trademarks, Non-compete Agreements and Other [Member] | Weighted Average [Member]
Intangible assets [Abstract]
Weighted Average Amortization Years	15 years 2 months 12 days

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets, Goodwill (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2020	Dec. 31, 2019
Goodwill activity [Roll Forward]
Balance as of beginning of period		$ 407,042	$ 416,175
Currency translation impact		14,050	(748)
Goodwill related to divestitures	[1]		(8,385)
Goodwill related to divestitures	[2]	2,198
Balance as of end of period		423,290	407,042
Flavors & Extracts [Member]
Goodwill activity [Roll Forward]
Balance as of beginning of period		108,148	112,086
Currency translation impact		3,565	(184)
Goodwill related to divestitures	[1]		(3,754)
Goodwill related to divestitures	[2]	657
Balance as of end of period		112,370	108,148
Color [Member]
Goodwill activity [Roll Forward]
Balance as of beginning of period		293,636	298,908
Currency translation impact		10,086	(641)
Goodwill related to divestitures	[1]		(4,631)
Goodwill related to divestitures	[2]	1,541
Balance as of end of period		305,263	293,636
Asia Pacific [Member]
Goodwill activity [Roll Forward]
Balance as of beginning of period		5,258	5,181
Currency translation impact		399	77
Goodwill related to divestitures	[1]		0
Goodwill related to divestitures	[2]	0
Balance as of end of period		$ 5,657	$ 5,258
[1]	In the fourth quarter of 2019, the Company met all of the assets held for sale criteria related to the divestitures of its inks product line and fragrances product line (excluding its essential oils product line). Goodwill of $8.4 million was allocated to those disposal groups and was determined to be fully impaired based on the estimated fair value of each of the disposal groups. See Note 14, Divestitures, for additional information.
[2]	In 2020, the fair value of the disposal groups decreased, which resulted in the previously allocated goodwill of $2.2 million to be reallocated to its respective financial reporting units. See Note 14, Divestitures, for additional information.

Leases (Details)

Leases (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Leases [Abstract]
Extended lease term	5 years
Operating lease expense	$ 10,600	$ 11,200
Operating rent expense			$ 13,500
Cash paid for operating leases	9,200	9,900
Right-of-use assets in exchange for operating lease obligations	$ 13,000	7,100
Weighted average remaining operating lease term	6 years 3 months 18 days
Weighted average discount rate for operating leases	4.50%
Maturities of Operating Lease Liabilities [Abstract]
2021	$ 6,861
2022	4,762
2023	3,436
2024	2,500
2025	1,945
Thereafter	7,850
Total lease payments	27,354
Less imputed interest	(3,806)
Present value of lease liabilities	$ 23,548
Operating Lease, Liability, Statement of Financial Position [Extensible List]	us-gaap:OtherLiabilitiesNoncurrent
Assets Held for Sale [Member]
Leases [Abstract]
Right-of-use assets		1,800
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	us-gaap:AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
Other Assets [Member]
Leases [Abstract]
Right-of-use assets	$ 23,300	16,800
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	us-gaap:OtherAssetsNoncurrent
Liabilities Held for Sale [Member]
Leases [Abstract]
Operating lease, liability, Current		1,800
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	us-gaap:LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
Other Accrued Expenses [Member]
Leases [Abstract]
Operating lease, liability, Current	$ 6,000	7,200
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	us-gaap:OtherAccruedLiabilitiesCurrent
Other Liabilities [Member]
Leases [Abstract]
Operating lease, liability, Noncurrent	$ 17,500	$ 9,900
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	us-gaap:OtherLiabilitiesNoncurrent

Debt (Details)

Debt (Details) $ in Thousands		May 31, 2017USD ($)	Dec. 31, 2020USD ($)Debt / EBITDAInterest / Debt	Oct. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Oct. 31, 2019USD ($)	Sep. 30, 2019USD ($)	Apr. 30, 2017USD ($)
Schedule of long term debt [Abstract]
Long term debt			$ 527,036		$ 598,674
Less debt fees			(143)		(175)
Less current portion			(8,889)		0
Total long-term debt			518,004		598,499
Accounts receivable securitization program commitment amount						$ 65,000	$ 70,000
Maximum borrowing capacity, secured loan			65,000
Credit facility, amount renewed				$ 65,000
Aggregate amounts of contractual maturities of long-term debt [Abstract]
2021			73,892
2022			100,481
2023			156,414
2024			88,210
2025			59,176
Thereafter			48,863
Total long-term debt maturities			527,036		598,674
Debt covenants [Abstract]
Stand-by letters of credit outstanding			2,700		2,600
Short-term borrowings [Abstract]
Short-term borrowings			9,247		20,612
Current maturities of long-term debt			$ 8,889		$ 0
Weighted-average interest rates on short-term borrowings			1.36%		2.53%
Minimum [Member]
Debt covenants [Abstract]
Interest coverage, actual | Interest / Debt			6.61
Interest coverage, required | Interest / Debt			2
Maximum [Member]
Debt covenants [Abstract]
Debt to EBITDA, actual | Debt / EBITDA	[1]		2.40
Debt to EBITDA, required | Debt / EBITDA	[1]		3.50
LIBOR [Member]
Schedule of long term debt [Abstract]
Interest rate			1.00%
Revolving Credit Facility [Member]
Schedule of long term debt [Abstract]
Long term debt			$ 83,324		$ 134,393
Average interest rate			1.35%		1.44%
Maximum borrowing capacity, secured loan		$ 350,000
Long term debt additional disclosures [Abstract]
Remaining borrowing capacity			$ 329,000
Aggregate amounts of contractual maturities of long-term debt [Abstract]
Total long-term debt maturities			$ 83,324		$ 134,393
Revolving Credit Facility [Member] | Minimum [Member]
Schedule of long term debt [Abstract]
Maturity date			Nov. 30, 2020
Revolving Credit Facility [Member] | Maximum [Member]
Schedule of long term debt [Abstract]
Maturity date			May 31, 2022
Other Line of Credit Facility [Member]
Long term debt additional disclosures [Abstract]
Remaining borrowing capacity			$ 45,800
U.S. Credit Facilities [Member]
Short-term borrowings [Abstract]
Short-term borrowings			138		20,280
Loans of Foreign Subsidiaries [Member]
Short-term borrowings [Abstract]
Short-term borrowings			220		332
3.66% Senior Notes due November 2023 [Member]
Schedule of long term debt [Abstract]
Long term debt			$ 75,000		75,000
Interest rate, stated percentage			3.66%
Maturity date			Nov. 30, 2023
Aggregate amounts of contractual maturities of long-term debt [Abstract]
Total long-term debt maturities			$ 75,000		75,000
3.65% Senior Notes due May 2024 [Member]
Schedule of long term debt [Abstract]
Long term debt			$ 27,000		27,000
Interest rate, stated percentage			3.65%
Maturity date			May 31, 2024
Aggregate amounts of contractual maturities of long-term debt [Abstract]
Total long-term debt maturities			$ 27,000		27,000
4.19% Senior Notes due November 2025 [Member]
Schedule of long term debt [Abstract]
Long term debt			$ 25,000		25,000
Interest rate, stated percentage			4.19%
Maturity date			Nov. 30, 2025
Aggregate amounts of contractual maturities of long-term debt [Abstract]
Total long-term debt maturities			$ 25,000		25,000
1.85% Euro-denominated Senior Notes due November 2022 [Member]
Schedule of long term debt [Abstract]
Long term debt			$ 81,672		74,968
Interest rate, stated percentage			1.85%
Maturity date			Nov. 30, 2022
Aggregate amounts of contractual maturities of long-term debt [Abstract]
Total long-term debt maturities			$ 81,672		74,968
3.06% Euro-denominated Senior Notes due November 2023 [Member]
Schedule of long term debt [Abstract]
Long term debt			$ 46,722		42,887
Interest rate, stated percentage			3.06%
Maturity date			Nov. 30, 2023
Aggregate amounts of contractual maturities of long-term debt [Abstract]
Total long-term debt maturities			$ 46,722		42,887
1.27% Euro-denominated Senior Notes due May 2024 [Member]
Schedule of long term debt [Abstract]
Long term debt			$ 61,080		56,066
Interest rate, stated percentage			1.27%
Maturity date			May 31, 2024
Aggregate amounts of contractual maturities of long-term debt [Abstract]
Total long-term debt maturities			$ 61,080		56,066
1.71% Euro-denominated Senior Notes due May 2027 [Member]
Schedule of long term debt [Abstract]
Long term debt			$ 48,864		44,853
Interest rate, stated percentage			1.71%
Maturity date			May 31, 2027
Aggregate amounts of contractual maturities of long-term debt [Abstract]
Total long-term debt maturities			$ 48,864		44,853
2.53% British Pound-denominated Notes due November 2023 [Member]
Schedule of long term debt [Abstract]
Long term debt			$ 34,176		33,143
Interest rate, stated percentage			2.53%
Maturity date			Nov. 30, 2023
Aggregate amounts of contractual maturities of long-term debt [Abstract]
Total long-term debt maturities			$ 34,176		33,143
2.76% British Pound-denominated Notes due November 2025 [Member]
Schedule of long term debt [Abstract]
Long term debt			$ 34,176		33,143
Interest rate, stated percentage			2.76%
Maturity date			Nov. 30, 2025
Aggregate amounts of contractual maturities of long-term debt [Abstract]
Total long-term debt maturities			$ 34,176		33,143
Term Loan [Member]
Schedule of long term debt [Abstract]
Long term debt			$ 8,375		$ 51,438
Average interest rate			2.20%		3.83%
Maximum borrowing capacity, secured loan		145,000						$ 115,000
Credit facility increased amount		$ 30,000
Credit facility, borrowings outstanding			$ 8,400
Aggregate amounts of contractual maturities of long-term debt [Abstract]
Total long-term debt maturities			8,375		$ 51,438
Various Other Notes [Member]
Schedule of long term debt [Abstract]
Long term debt			1,647		783
Aggregate amounts of contractual maturities of long-term debt [Abstract]
Total long-term debt maturities			$ 1,647		$ 783
[1]	Debt to EBITDA is defined in the Company’s debt covenants as total funded debt divided by the Company’s consolidated operating income excluding non-operating gains and losses and depreciation and amortization.

Derivative Instruments and He_2

Derivative Instruments and Hedging Activity (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Derivative instruments and hedging activity for the period [Abstract]
Impact of foreign exchange rates on debt instruments recorded in other comprehensive income	$ (24,044)	$ 3,091	$ 13,661
Maximum [Member]
Derivative instruments and hedging activity for the period [Abstract]
Number of months for contracts to mature	18 months
Forward Exchange Contracts [Member] | Maximum [Member]
Derivative instruments and hedging activity for the period [Abstract]
Number of months for contracts to mature	18 months
Forward Exchange Contracts [Member] | Cash Flow Hedging [Member]
Derivative instruments and hedging activity for the period [Abstract]
Derivative, fair value	$ 54,100	59,900
Amount of losses reclassified into net earnings	(1,300)
Foreign Currency Denominated Debt, Net Investment Hedging [Member]
Derivative instruments and hedging activity for the period [Abstract]
Amount of losses reclassified into net earnings	(10,800)
Carrying value of foreign denominated debt	325,000	363,400
Impact of foreign exchange rates on debt instruments recorded in other comprehensive income	$ (24,000)	$ 3,100

Share-Based Compensation (Detai

Share-Based Compensation (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Additional Disclosures [Abstract]
Total pre-tax share-based compensation expense (income) recognized in the Consolidated Statements of Earnings	$ 5,600	$ (700)	$ 500
Tax related benefits (expense)	$ 800	(200)	$ (300)
Adjustments to share-based compensation		$ 3,600
Non-vested Stock [Member]
Stock Unit Activity [Roll Forward]
Outstanding, beginning of period (in shares)	404	380	412
Granted (in shares)	142	134	142
Vested (in shares)	(27)	(46)	(111)
Cancelled (in shares)	(68)	(64)	(63)
Outstanding, end of period (in shares)	451	404	380
Grant Date Weighted Average Fair Value [Abstract]
Outstanding, beginning of period (in dollars per share)	$ 64.89	$ 66.02	$ 65.64
Granted (in dollars per share)	65.61	60.04	59.45
Vested (in dollars per share)	74.21	63.61	56.91
Cancelled (in dollars per share)	73.39	62.39	64.71
Outstanding, end of period (in dollars per share)	$ 63.28	$ 64.89	$ 66.02
Aggregate Intrinsic Value [Abstract]
Outstanding, aggregate intrinsic value	$ 33,283	$ 26,710	$ 21,239	$ 30,113
Additional Disclosures [Abstract]
Total intrinsic values of shares vested	1,400	$ 3,000	$ 7,700
Non-vested Stock and Performance Stock Units [Member]
Additional Disclosures [Abstract]
Compensation cost net yet recognized	$ 16,600
Compensation cost not yet recognized, period for recognition	2 years 4 months 2 days
2017 Stock Plan [Member] | Non-vested Stock [Member]
Share-based Compensation Arrangement [Abstract]
Number of shares authorized for issuance (in shares)	1,800
Number of shares available for issuance (in shares)	1,200
Award vesting period	3 years
Percentage of grants to elected officers that will be performance stock unit awards	60.00%	100.00%	100.00%
Percentage of grants, non-vested restricted stock awards	40.00%
Number of years to measure performance metrics	3 years
2017 Stock Plan [Member] | Non-vested Stock [Member] | Maximum [Member]
Share-based Compensation Arrangement [Abstract]
Percentage of stated performance metrics award of grant	200.00%	200.00%	150.00%

Retirement Plans, Defined Contr

Retirement Plans, Defined Contribution Plans (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Defined Contribution Plan [Member]
Defined Contribution Pension and Other Postretirement Benefit Expense [Abstract]
Percentage of matching contributions under defined contribution plan	4.00%
Total expense for defined contribution plans	$ 6,100	$ 6,000	$ 6,000
Pension Plan [Member]
Benefit obligation [Roll Forward]
Benefit obligation at beginning of year	39,421	34,152
Service cost	1,601	1,432	1,465
Interest cost	1,022	1,273	1,137
Foreign currency exchange rate changes	690	558
Benefits paid	(1,948)	(1,899)
Amendments	42	0
Actuarial loss	4,803	3,905
Benefit obligation at end of year	45,631	39,421	34,152
Change in fair value of plan assets [Roll Forward]
Plan assets at beginning of year	31,776	28,299
Company contributions	1,117	1,086
Foreign currency exchange rate changes	882	968
Benefits paid	(1,948)	(1,899)
Actual gain on plan assets	3,849	3,322
Plan assets at end of year	35,676	31,776	28,299
Funded status	(9,955)	(7,645)
Accumulated benefit obligation	44,559	38,596
Amounts recognized in Consolidated Balance Sheets [Abstract]
Accrued employee and retiree benefits	(19,349)	(17,143)
Other accrued expenses	(722)	(710)
Other assets	10,116	10,208
Net liability	(9,955)	(7,645)
Components of annual benefit cost [Abstract]
Service cost	1,601	1,432	1,465
Interest cost	1,022	1,273	1,137
Expected return on plan assets	(813)	(896)	(896)
Recognized actuarial loss (gain)	41	(176)	(141)
Settlement income	0	0	(179)
Defined benefit expense	$ 1,851	$ 1,633	$ 1,386
Weighted average liability assumptions [Abstract]
Discount rate	1.87%	2.69%
Expected return on plan assets	2.17%	2.68%
Rate of compensation increase	0.34%	0.34%
Weighted average cost assumption [Abstract]
Discount rate	2.69%	3.80%	3.16%
Expected return on plan assets	2.68%	3.21%	3.03%
Rate of compensation increase	0.34%	0.31%	0.33%
Estimated Future Benefit Payments [Abstract]
2021	$ 1,600
2022	3,900
2023	1,600
2024	4,000
2025	1,700
2026 through 2030	11,700
Estimated future employer contributions for next fiscal year	1,200
Amounts recognized in Accumulated Other Comprehensive Loss [Abstract]
Unrecognized net actuarial loss	2,402	$ 683
Prior service cost	187	146
Total before tax effects	2,589	829
Other Comprehensive Income (Loss), Pension Adjustment, Net of Tax [Abstract]
Net actuarial (loss) gain arising during the period	(1,293)	(1,091)	$ 1,257
Prior service cost	(32)	0	(127)
Amortization of actuarial loss (gain), included in defined benefit expense	32	(130)	(103)
Pension adjustment, net of tax	$ (1,293)	$ (1,221)	$ 1,027

Retirement Plans, Pension Plan

Retirement Plans, Pension Plan Assets (Details) - Pension Plan [Member] - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	$ 35,676	$ 31,776	$ 28,299
Level 1 [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	7,831	7,351
Level 2 [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	27,845	24,425
Level 3 [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	0	0
Domestic [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	6,565	6,003
Domestic [Member] | Level 1 [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	6,565	6,003
Domestic [Member] | Level 2 [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	0	0
Domestic [Member] | Level 3 [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	0	0
International [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	97	104
International [Member] | Level 1 [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	0	0
International [Member] | Level 2 [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	97	104
International [Member] | Level 3 [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	0	0
International Fixed Income Funds [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	28,911	25,556
International Fixed Income Funds [Member] | Level 1 [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	1,190	1,269
International Fixed Income Funds [Member] | Level 2 [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	27,721	24,287
International Fixed Income Funds [Member] | Level 3 [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	0	0
Other Investments [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	103	113
Other Investments [Member] | Level 1 [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	76	79
Other Investments [Member] | Level 2 [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	27	34
Other Investments [Member] | Level 3 [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	$ 0	$ 0

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance		$ 881,589
Other comprehensive income (loss) before reclassifications		11,188	$ 2,912	$ (14,878)
Amounts reclassified from OCI		(7,271)	(365)	46
Ending balance		934,336	881,589
Cumulative Effect, Period of Adoption, Adjustment [Member] | Adoption of ASU 2018-02 [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance			(1,389)
Ending balance				(1,389)
Accumulated Other Comprehensive (Loss) Income [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance		(163,008)	(165,555)	(149,334)
Ending balance		(159,091)	(163,008)	(165,555)
Cash Flow Hedges [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	[1]	(199)	147	(669)
Other comprehensive income (loss) before reclassifications	[1]	(374)	(111)	667
Amounts reclassified from OCI	[1]	1,322	(235)	149
Ending balance	[1]	749	(199)	147
Cash Flow Hedges [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | Adoption of ASU 2018-02 [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	[1]		0
Ending balance	[1]			0
Pension Items [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	[1]	(672)	549	(309)
Other comprehensive income (loss) before reclassifications	[1]	(1,325)	(1,091)	1,130
Amounts reclassified from OCI	[1]	32	(130)	(103)
Ending balance	[1]	(1,965)	(672)	549
Pension Items [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | Adoption of ASU 2018-02 [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	[1]		(169)
Ending balance	[1]			(169)
Foreign Currency Items [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance		(162,137)	(166,251)	(148,356)
Other comprehensive income (loss) before reclassifications		12,887	4,114	(16,675)
Amounts reclassified from OCI		(8,625)	0	0
Ending balance		$ (157,875)	(162,137)	(166,251)
Foreign Currency Items [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | Adoption of ASU 2018-02 [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance			$ (1,220)
Ending balance				$ (1,220)
[1]	Cash Flow Hedges and Pension Items are net of tax.

Income Taxes, Earnings Before I

Income Taxes, Earnings Before Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Earnings before income taxes [Abstract]
United States	$ 72,593	$ 38,356	$ 80,641
Foreign	65,252	62,647	100,884
Total	$ 137,845	$ 101,003	$ 181,525

Income Taxes, Provision for Inc

Income Taxes, Provision for Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Current income tax expense (benefit) [Abstract]
Federal	$ 9,660	$ 12,994	$ (9,071)	[1]
State	3,000	2,622	205
Foreign	24,418	22,680	23,187
Current income tax expense, total	37,078	38,296	14,321
Deferred expense (benefit) [Abstract]
Federal	(6,918)	(17,246)	3,977
State	(565)	18	3,164
Foreign	(1,222)	(2,112)	2,703
Deferred income tax expense (benefit), total	(8,705)	(19,340)	9,844
Income taxes	$ 28,373	$ 18,956	24,165
Transition tax for accumulated foreign earnings, Income tax benefit			$ 3,900
[1]	In 2018, this amount includes $3.9 million of income tax benefit related to a reduction in the 2017 estimate of the one-time transition tax on earnings of foreign subsidiaries enacted by the 2017 Tax Legislation (see discussion below).

Income Taxes, Tax Reconciliatio

Income Taxes, Tax Reconciliation and Tax Cuts and Jobs Act (Details) - USD ($) $ in Thousands		3 Months Ended		12 Months Ended
		Mar. 31, 2019	Dec. 31, 2017	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Effective tax rate reconciliation [Abstract]
Taxes at statutory rate				21.00%	21.00%	21.00%
State income taxes, net of federal income tax benefit				2.20%	2.20%	1.10%
Tax credits				(1.50%)	(2.60%)	(1.50%)
Taxes on foreign earnings				2.80%	5.10%	(0.40%)
Global Intangible Low-Taxed Income				0.10%	0.90%	0.60%
Foreign Derived Tangible Income				(1.10%)	(1.00%)	(0.60%)
Loss on balance sheet hedge				2.00%	0.00%	0.00%
Resolution of prior years' tax matters				(0.10%)	(0.40%)	(0.30%)
Valuation allowance adjustments				(3.70%)	(8.80%)	0.40%
2017 Tax Legislation				0	0	(0.037)
U.S. tax accounting method changes				0.00%	0.00%	(2.90%)
Other, net				(1.10%)	2.40%	(0.40%)
Effective tax rate				20.60%	18.80%	13.30%
Valuation Allowance [Abstract]
Valuation allowance	[1]			$ (47,813)	$ (54,326)
Increase in valuation allowance amount		$ 16,200
Increase in valuation allowance for deferred tax assets, related to operating losses					$ 6,800
2017 Tax Act [Abstract]
Income tax expense			$ 18,400			$ 11,800
Provisional income tax expense, change in amount						$ (6,600)
[1]	In the first quarter of 2019, the Company recognized an increase in its foreign tax credit carryover and corresponding valuation allowance of $16.2 million, related to the finalization of certain tax regulations.

Income Taxes, Deferred Tax Asse

Income Taxes, Deferred Tax Assets and Liabilities, Operating Loss Carryovers (Details) - USD ($) $ in Thousands		3 Months Ended	12 Months Ended
		Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019
Deferred tax assets [Abstract]
Benefit plans			$ 7,665	$ 6,293
Liabilities and reserves			19,291	21,085
Operating loss and credit carryovers	[1]		77,756	82,000
Other			13,228	1,126
Gross deferred tax assets			117,940	110,504
Valuation allowance	[1]		(47,813)	(54,326)
Deferred tax assets			70,127	56,178
Deferred tax liabilities [Abstract]
Property, plant, and equipment			(31,709)	(29,869)
Goodwill			(22,012)	(21,744)
Other			0	(5,192)
Deferred tax liabilities			(53,721)	(56,805)
Net deferred tax assets			16,406
Net deferred tax (liabilities)				(627)
Increase in valuation allowance amount		$ 16,200
Operating Loss Carryforwards [Abstract]
Operating loss carryovers, tax credit			39,300
Deferred tax assets held for sale			100
Deferred tax liabilities, held for sale				$ 600
Undistributed earnings			625,000
Withholding of tax liability			28,300
Foreign [Member]
Operating Loss Carryforwards [Abstract]
Operating loss carryovers			110,000
Operating loss carryovers, subject to expiration			11,800
Operating loss carryovers, not subject to expiration			98,200
State [Member]
Operating Loss Carryforwards [Abstract]
Operating loss carryovers			132,600
Operating loss carryovers, subject to expiration			$ 132,600
[1]	In the first quarter of 2019, the Company recognized an increase in its foreign tax credit carryover and corresponding valuation allowance of $16.2 million, related to the finalization of certain tax regulations.

Income Taxes, Unrecognized Tax

Income Taxes, Unrecognized Tax Benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Reconciliation of change in liability for unrecognized tax benefits [Roll Forward]
Balance at beginning of year	$ 6,032	$ 6,026
Increases for tax positions taken in the current year	805	750
Increases for tax positions taken in prior years	1,267	199
Decreases related to settlements with tax authorities	(386)	(341)
Decreases as a result of lapse of the applicable statutes of limitations	(625)	(591)
Foreign currency exchange rate changes	352	(11)
Balance at the end of year	7,445	6,032
Income tax uncertainties [Abstract]
Unrecognized tax benefits that would impact the effective tax rate, if recognized	6,600
Income tax interest and penalties accrued	700	$ 600
Expected decrease in liability for unrecognized tax benefits in the next fiscal year	2,500
Unrecognized tax benefits that would impact the effective tax rate in the next fiscal year	$ 300

Segment and Geographic Inform_3

Segment and Geographic Information, Reportable Segments (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2020USD ($)Segment	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Segment and Geographic Information [Abstract]
Number of reportable segment | Segment	3
Divestiture and other related costs			$ 0
Restructuring and other costs			0
Revenue [Abstract]
Revenue	$ 1,332,001	$ 1,322,934	1,386,815
Operating income (loss)	152,656	121,110	203,378
Interest expense	14,811	20,107	21,853
Earnings before income taxes	137,845	101,003	181,525
Assets	1,740,860	1,740,151	1,824,940
Capital expenditures	52,162	39,100	50,740
Depreciation and amortization	49,641	55,015	53,244
Flavors & Extracts [Member]
Revenue [Abstract]
Revenue	724,483	682,705	723,189
Operating income (loss)	90,974	74,961	96,433
Interest expense	0	0	0
Earnings before income taxes	90,974	74,961	96,433
Assets	686,348	714,779	782,145
Capital expenditures	24,541	16,968	23,679
Depreciation and amortization	24,801	27,179	25,922
Color [Member]
Revenue [Abstract]
Revenue	486,536	522,051	540,499
Operating income (loss)	96,034	101,190	113,306
Interest expense	0	0	0
Earnings before income taxes	96,034	101,190	113,306
Assets	718,665	734,343	752,305
Capital expenditures	19,840	16,521	21,744
Depreciation and amortization	19,368	22,088	21,931
Asia Pacific [Member]
Revenue [Abstract]
Revenue	120,982	118,178	123,127
Operating income (loss)	22,075	19,382	20,856
Interest expense	0	0	0
Earnings before income taxes	22,075	19,382	20,856
Assets	100,258	99,183	103,808
Capital expenditures	2,687	2,545	2,858
Depreciation and amortization	2,578	2,581	2,451
Reportable Segments [Member]
Revenue [Abstract]
Revenue	1,364,280	1,353,763	1,424,100
Reportable Segments [Member] | Flavors & Extracts [Member]
Revenue [Abstract]
Revenue	742,035	700,356	746,932
Reportable Segments [Member] | Color [Member]
Revenue [Abstract]
Revenue	501,018	535,159	554,004
Reportable Segments [Member] | Asia Pacific [Member]
Revenue [Abstract]
Revenue	121,227	118,248	123,164
Intersegment Revenue [Member]
Revenue [Abstract]
Revenue	32,279	30,829	37,285
Intersegment Revenue [Member] | Flavors & Extracts [Member]
Revenue [Abstract]
Revenue	17,552	17,651	23,743
Intersegment Revenue [Member] | Color [Member]
Revenue [Abstract]
Revenue	14,482	13,108	13,505
Intersegment Revenue [Member] | Asia Pacific [Member]
Revenue [Abstract]
Revenue	245	70	37
Corporate & Other [Member]
Revenue [Abstract]
Revenue	0	0	0
Operating income (loss)	(56,427)	(74,423)	(27,217)
Interest expense	14,811	20,107	21,853
Earnings before income taxes	(71,238)	(94,530)	(49,070)
Assets	235,589	191,846	186,682
Capital expenditures	5,094	3,066	2,459
Depreciation and amortization	$ 2,894	$ 3,167	$ 2,940

Segment and Geographic Inform_4

Segment and Geographic Information, Segment and Geographic Info (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Revenue [Abstract]
Revenue from external customers	$ 1,332,001	$ 1,322,934	$ 1,386,815
Long-lived assets	999,274	951,938	1,002,075
North America [Member]
Revenue [Abstract]
Revenue from external customers	733,330	700,098	722,732
Long-lived assets	600,404	552,673	562,314
Europe [Member]
Revenue [Abstract]
Revenue from external customers	289,980	307,631	342,057
Long-lived assets	339,264	344,942	390,845
Asia Pacific [Member]
Revenue [Abstract]
Revenue from external customers	199,921	205,979	213,029
Long-lived assets	36,708	35,782	32,252
Other [Member]
Revenue [Abstract]
Revenue from external customers	108,770	109,226	108,997
Long-lived assets	22,898	18,541	16,664
Flavors & Extracts [Member]
Revenue [Abstract]
Revenue from external customers	724,483	682,705	723,189
Long-lived assets	358,331	355,974	381,626
Color [Member]
Revenue [Abstract]
Revenue from external customers	486,536	522,051	540,499
Long-lived assets	506,532	484,829	515,581
Asia Pacific [Member]
Revenue [Abstract]
Revenue from external customers	120,982	118,178	123,127
Long-lived assets	31,834	31,007	27,872
Reportable Geographical Components [Member] | United States [Member]
Revenue [Abstract]
Revenue from external customers	614,300	575,200	586,200
Long-lived assets	518,200	471,800	484,900
Reportable Geographical Components [Member] | Flavors & Extracts [Member] | North America [Member]
Revenue [Abstract]
Revenue from external customers	491,641	448,393	477,083
Long-lived assets	244,921	251,822	255,131
Reportable Geographical Components [Member] | Flavors & Extracts [Member] | Europe [Member]
Revenue [Abstract]
Revenue from external customers	160,083	158,902	173,562
Long-lived assets	112,424	102,631	125,157
Reportable Geographical Components [Member] | Flavors & Extracts [Member] | Asia Pacific [Member]
Revenue [Abstract]
Revenue from external customers	30,080	32,203	31,506
Long-lived assets	204	1,017	1,061
Reportable Geographical Components [Member] | Flavors & Extracts [Member] | Other [Member]
Revenue [Abstract]
Revenue from external customers	42,679	43,207	41,038
Long-lived assets	782	504	277
Reportable Geographical Components [Member] | Color [Member] | North America [Member]
Revenue [Abstract]
Revenue from external customers	241,608	251,593	245,649
Long-lived assets	252,906	220,723	230,187
Reportable Geographical Components [Member] | Color [Member] | Europe [Member]
Revenue [Abstract]
Revenue from external customers	129,704	148,393	168,340
Long-lived assets	226,840	242,311	265,688
Reportable Geographical Components [Member] | Color [Member] | Asia Pacific [Member]
Revenue [Abstract]
Revenue from external customers	52,414	57,268	59,548
Long-lived assets	4,670	3,758	3,319
Reportable Geographical Components [Member] | Color [Member] | Other [Member]
Revenue [Abstract]
Revenue from external customers	62,810	64,797	66,962
Long-lived assets	22,116	18,037	16,387
Reportable Geographical Components [Member] | Asia Pacific [Member] | North America [Member]
Revenue [Abstract]
Revenue from external customers	81	112	0
Long-lived assets	0	0	0
Reportable Geographical Components [Member] | Asia Pacific [Member] | Europe [Member]
Revenue [Abstract]
Revenue from external customers	193	336	155
Long-lived assets	0	0	0
Reportable Geographical Components [Member] | Asia Pacific [Member] | Asia Pacific [Member]
Revenue [Abstract]
Revenue from external customers	117,427	116,508	121,975
Long-lived assets	31,834	31,007	27,872
Reportable Geographical Components [Member] | Asia Pacific [Member] | Other [Member]
Revenue [Abstract]
Revenue from external customers	3,281	1,222	997
Long-lived assets	0	0	0
Intersegment Revenue [Member]
Revenue [Abstract]
Revenue from external customers	32,279	30,829	37,285
Intersegment Revenue [Member] | Flavors & Extracts [Member]
Revenue [Abstract]
Revenue from external customers	17,552	17,651	23,743
Intersegment Revenue [Member] | Color [Member]
Revenue [Abstract]
Revenue from external customers	14,482	13,108	13,505
Intersegment Revenue [Member] | Asia Pacific [Member]
Revenue [Abstract]
Revenue from external customers	245	70	37
Corporate & Other [Member]
Revenue [Abstract]
Revenue from external customers	0	0	0
Long-lived assets	102,577	80,128	76,996
Corporate & Other [Member] | North America [Member]
Revenue [Abstract]
Revenue from external customers	0	0	0
Long-lived assets	102,577	80,128	76,996
Corporate & Other [Member] | Europe [Member]
Revenue [Abstract]
Revenue from external customers	0	0	0
Long-lived assets	0	0	0
Corporate & Other [Member] | Asia Pacific [Member]
Revenue [Abstract]
Revenue from external customers	0	0	0
Long-lived assets	0	0	0
Corporate & Other [Member] | Other [Member]
Revenue [Abstract]
Revenue from external customers	0	0	0
Long-lived assets	$ 0	$ 0	$ 0

Segment and Geographic Inform_5

Segment and Geographic Information, Revenue from External Customers by Products Line (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Revenue [Abstract]
Revenue	$ 1,332,001	$ 1,322,934	$ 1,386,815
Flavors, Extracts & Flavor Ingredients [Member]
Revenue [Abstract]
Revenue	399,331	378,967	403,762
Natural Ingredients [Member]
Revenue [Abstract]
Revenue	243,161	214,027	224,280
Fragrances [Member]
Revenue [Abstract]
Revenue	85,354	86,399	91,786
Yogurt Fruit Preparations [Member]
Revenue [Abstract]
Revenue	14,189	20,963	27,104
Food & Pharmaceutical Colors [Member]
Revenue [Abstract]
Revenue	346,269	340,327	332,878
Personal Care [Member]
Revenue [Abstract]
Revenue	141,331	159,640	179,485
Inks [Member]
Revenue [Abstract]
Revenue	13,418	35,192	41,641
Asia Pacific [Member]
Revenue [Abstract]
Revenue	121,227	118,248	123,164
Flavors & Extracts [Member]
Revenue [Abstract]
Revenue	724,483	682,705	723,189
Flavors & Extracts [Member] | Flavors, Extracts & Flavor Ingredients [Member]
Revenue [Abstract]
Revenue	399,331	378,967	403,762
Flavors & Extracts [Member] | Natural Ingredients [Member]
Revenue [Abstract]
Revenue	243,161	214,027	224,280
Flavors & Extracts [Member] | Fragrances [Member]
Revenue [Abstract]
Revenue	85,354	86,399	91,786
Flavors & Extracts [Member] | Yogurt Fruit Preparations [Member]
Revenue [Abstract]
Revenue	14,189	20,963	27,104
Color [Member]
Revenue [Abstract]
Revenue	486,536	522,051	540,499
Color [Member] | Food & Pharmaceutical Colors [Member]
Revenue [Abstract]
Revenue	346,269	340,327	332,878
Color [Member] | Personal Care [Member]
Revenue [Abstract]
Revenue	141,331	159,640	179,485
Color [Member] | Inks [Member]
Revenue [Abstract]
Revenue	13,418	35,192	41,641
Asia Pacific [Member]
Revenue [Abstract]
Revenue	120,982	118,178	123,127
Asia Pacific [Member] | Asia Pacific [Member]
Revenue [Abstract]
Revenue	121,227	118,248	123,164
Intersegment Revenue [Member]
Revenue [Abstract]
Revenue	32,279	30,829	37,285
Intersegment Revenue [Member] | Flavors & Extracts [Member]
Revenue [Abstract]
Revenue	17,552	17,651	23,743
Intersegment Revenue [Member] | Color [Member]
Revenue [Abstract]
Revenue	14,482	13,108	13,505
Intersegment Revenue [Member] | Asia Pacific [Member]
Revenue [Abstract]
Revenue	$ 245	$ 70	$ 37

Fair Value Measurements (Detail

Fair Value Measurements (Details) - Level 2 [Member] - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
Investments, Fair Value Disclosure [Abstract]
Forward exchange contract, liability	$ 0.5	$ 0.2
Carrying Value [Member]
Investments, Fair Value Disclosure [Abstract]
Long term debt	526.9	598.5
Fair Value [Member]
Investments, Fair Value Disclosure [Abstract]
Long term debt	$ 556.1	$ 620

Divestitures (Details)

Divestitures (Details) $ in Thousands		Sep. 18, 2020USD ($)	Dec. 31, 2020USD ($)ProductLine		Dec. 31, 2019USD ($)		Dec. 31, 2018USD ($)
Divestiture Transactions [Abstract]
Number of product lines divested or to be divested | ProductLine			3
Proceeds from divestiture of businesses			$ 12,595		$ 0		$ 0
Assets held for sale [Abstract]
Assets held for sale			52,760		91,293
Liabilities held for sale [Abstract]
Liabilities held for sale			17,339		19,185
Divestiture & other related costs [Abstract]
Non-cash impairment charges			1,800		9,800
Divestiture and other related costs			12,155		45,880
Minimum [Member]
Divestiture & other related costs [Abstract]
Expected divestiture & other related costs			10,000
Expected other costs, primarily accelerated depreciation and other exiting activities expenses			2,000
Maximum [Member]
Divestiture & other related costs [Abstract]
Expected divestiture & other related costs			14,000
Expected other costs, primarily accelerated depreciation and other exiting activities expenses			4,000
Yogurt Fruit Preparations [Member]
Divestiture Transactions [Abstract]
Proceeds from divestiture of businesses		$ 1,000
Divestiture & other related costs [Abstract]
Divestiture and other related costs			4,613		10,567
Inks and Fragrances [Member]
Assets held for sale [Abstract]
Trade accounts receivable, less allowance for losses of $456 and $2,350, respectively			20,722		31,653
Inventories			25,045		34,612
Prepaid expenses and other current assets			1,843		5,528
Property, Plant, and Equipment, net			3,434		14,496
Intangible assets			1,716		5,004
Assets held for sale			52,760		91,293
Liabilities held for sale [Abstract]
Trade accounts payable			13,967		12,318
Accrued salaries, wages and withholdings from employees			1,739		1,677
Other accrued expenses			1,633		5,190
Liabilities held for sale			17,339		19,185
Trade accounts receivable, allowance for losses			456		2,350
Fragrances [Member]
Divestiture & other related costs [Abstract]
Divestiture and other related costs			5,161		18,509
Fragrances [Member] | Minimum [Member]
Divestiture & other related costs [Abstract]
Expected non-cash charge			8,000
Fragrances [Member] | Maximum [Member]
Divestiture & other related costs [Abstract]
Expected non-cash charge			10,000
Inks [Member]
Divestiture Transactions [Abstract]
Proceeds from divestiture of businesses			11,600
Non-cash loss on disposal of business			(100)		(15,800)
Divestiture & other related costs [Abstract]
Divestiture and other related costs			992		15,875
Corporate & Other [Member]
Divestiture & other related costs [Abstract]
Divestiture and other related costs			1,389		929
Selling, General and Administrative Expenses [Member]
Divestiture & other related costs [Abstract]
Non-cash impairment charges			12,719		34,608
Reclassification of foreign currency translation and related items			(8,625)
Other costs			6,266	[1]	705	[2]
Expenses recorded related to environmental obligations			800
Selling, General and Administrative Expenses [Member] | Yogurt Fruit Preparations [Member]
Divestiture & other related costs [Abstract]
Non-cash impairment charges			2,597		0
Reclassification of foreign currency translation and related items			0
Other costs			337	[1]	0	[2]
Selling, General and Administrative Expenses [Member] | Fragrances [Member]
Divestiture & other related costs [Abstract]
Non-cash impairment charges			2,055		18,204
Reclassification of foreign currency translation and related items			0
Other costs			3,029	[1]	305	[2]
Selling, General and Administrative Expenses [Member] | Inks [Member]
Divestiture & other related costs [Abstract]
Non-cash impairment charges			8,928		15,849
Reclassification of foreign currency translation and related items			(8,625)
Other costs			892	[1]	26	[2]
Selling, General and Administrative Expenses [Member] | Corporate & Other [Member]
Divestiture & other related costs [Abstract]
Non-cash impairment charges			(861)		555
Reclassification of foreign currency translation and related items			0
Other costs			2,008	[1]	374	[2]
Cost of Products Sold [Member]
Divestiture & other related costs [Abstract]
Non-cash impairment charges			1,795		9,767
Other costs	[3]				800
Cost of Products Sold [Member] | Yogurt Fruit Preparations [Member]
Divestiture & other related costs [Abstract]
Non-cash impairment charges			1,679		9,767
Other costs	[3]				800
Cost of Products Sold [Member] | Fragrances [Member]
Divestiture & other related costs [Abstract]
Non-cash impairment charges			77		0
Other costs	[3]				0
Cost of Products Sold [Member] | Inks [Member]
Divestiture & other related costs [Abstract]
Non-cash impairment charges			(203)		0
Other costs	[3]				0
Cost of Products Sold [Member] | Corporate & Other [Member]
Divestiture & other related costs [Abstract]
Non-cash impairment charges			$ 242		0
Other costs	[3]				$ 0
[1]	Other costs – Selling and administrative expenses include employee separation costs, professional services, accelerated depreciation, and other related costs.
[2]	Other costs – Selling and administrative expenses include employee separation costs, professional services, and other related costs.
[3]	Other costs – Cost of product sold include inventory disposal costs and other related costs.

Operational Improvement Plan (D

Operational Improvement Plan (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2020USD ($)
Restructuring Costs [Abstract]
Operational Improvement Plan costs	$ 3,339
Accrued liabilities	2,200
Minimum [Member]
Restructuring Costs [Abstract]
Expected operational improvement cost	5,000
Maximum [Member]
Restructuring Costs [Abstract]
Expected operational improvement cost	7,000
Selling & Administrative Expenses [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs	3,304
Cost of Products Sold [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs	35
Employee Separation [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs	2,690
Employee Separation [Member] | Selling & Administrative Expenses [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs	2,690
Employee Separation [Member] | Cost of Products Sold [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs	0
Other Costs [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs	649	[1]
Other Costs [Member] | Selling & Administrative Expenses [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs	614	[1]
Other Costs [Member] | Cost of Products Sold [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs	35	[1]
Flavors & Extracts [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs	352
Flavors & Extracts [Member] | Employee Separation [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs	352
Flavors & Extracts [Member] | Other Costs [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs	0	[1]
Color [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs	2,389
Color [Member] | Employee Separation [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs	1,749
Color [Member] | Other Costs [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs	640	[1]
Asia Pacific [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs	598
Asia Pacific [Member] | Employee Separation [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs	589
Asia Pacific [Member] | Other Costs [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs	$ 9	[1]
[1]	Other costs include professional services, accelerated depreciation, and other related costs.

Subsequent Event (Details)

Subsequent Event (Details) - Subsequent Event [Member]	Jan. 22, 2021$ / shares
Subsequent Events [Abstract]
Dividend declared date	Jan. 22, 2021
Dividend payable (in dollars per share)	$ 0.39
Dividend payable date	Mar. 1, 2021

Schedule II Valuation and Qua_2

Schedule II Valuation and Qualifying Accounts (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019		Dec. 31, 2018
Inks and Fragrances [Member]
Movement in Valuation Allowances and Reserves [Roll Forward]
Allowance for credit loss		$ 2,350
Allowance for Trade Receivables [Member]
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	$ 4,563	5,976		$ 6,000
Additions Charged to Costs and Expenses	565	2,469		1,004
Additions Recorded During Acquisitions	0	0		0
Deductions	1,693	3,882	[1]	1,028
Balance at End of Period	$ 3,435	$ 4,563		$ 5,976
[1]	Accounts written off, net of recoveries. In 2019, $2,350 thousand was moved to Assets held for sale on the Consolidated Balance Sheet related to the fragrances and inks divestitures.